Pan Asia again delay the payment, tungsten ore market sentiment enriched

Following the mid-December, Pan Asia last weekend again if unfulfilled commitments, January 10 before payment, pay only a small amount, the original is still around 10 million of the purchase price of APT smelter to get only about 500,000 homes, businesses complain interest payments are not enough, tungsten market is still tight, mostly temporary funding.

Affected by this, this is just around the corner of the city is slightly cooled tungsten, tungsten concentrate buyers of raw materials subject to funding constraints and operating cautious market sentiment increasingly rich, tungsten ore prices are expected to stabilize or temporarily dominated this week, turnover remained stalemate.

It was revealed that the completion of the Pan-Asian businessmen speak before the Spring Festival payment; analysts believe that the New Year's business is likely to get their money, when bank lending has basically been credited market funds eased.


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Insufficient cash distribution market, scrap tungsten soft material go hard goods

Waste tungsten soft material market adequate inventory, with the last week of tungsten ore prices rise slightly, the recent waste tungsten grinding material holding cargo shipping business actively, then a lack of market demand, the transaction difficulties, short-term market is expected to stabilize weak.

Tungsten steel scrap prices firm, inadequate distribution market stock, traded mostly small amount transactions. Analysts believe that the stock shortage, low market activity factors are: on the one hand because near the end, traders operating enthusiasm is low, partly because holding the goods are high-priced stocks, the current low willingness to sell at a loss.


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US development of new tungsten alloy penetrator is expected to replace depleted uranium alloy

According to the China Defense Science and Technology Information Network reported that the US is expected to replace the development of a new type of armor-piercing depleted uranium, tungsten alloys ferrochrome.

University of Massachusetts (MIT) researchers have developed a new type of tungsten powder metallurgy ferrochrome alloy W-7Cr-9Fe, can replace the depleted uranium penetrators alloys. Test results show that, W-7Cr-9Fe alloy nano-indentation hardness up to 21 GPa, which is about twice the nanocrystalline iron-based alloy or coarse-grained tungsten, much higher than the current commercial tungsten alloys.

During the preparation of this alloy are: first nano crystalline powder, then made into a desired shape. Among them, the use of high-energy ball milling the powder is prepared by powder metallurgy process, including the repeated shear prompted alloy powder mix, accompanied by heat-activated recovery process, the alloy to return to equilibrium.

The molding process using an electric field assisted sintering hot pressing process, the researchers noted that when the processing time of 1 minute, the temperature is 1200 ℃, the alloy crystal structure obtained is good, and the maximum hardness. The long processing time and high temperature leads to the metal grain coarsening, strength is lowered. Micrographs show, W-7Cr-9Fe alloy grain structure prepared by MIT researchers can reach 130 nm.


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Tungsten City needs a little warmer, a slight increase in willingness to buy goods traders

Tungsten market: Chinese New Year approaching, the downstream tungsten smelter home late phased stocking, market inquiries increased slightly; tungsten City needs a little warmer, traders, hunters will to a slight increase in potential buyers, tungsten ore, APT low reduction inquiry, then it price, buyers and sellers deal remained deadlocked, the spot is still a lot of the actual transaction, expected to near or relatively strong tungsten prices, the possibility of a slight upward.

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Tungsten ore cargo operators reluctant to sell sentiment thicker, increasing the spot market inquiry

Tungsten ore cargo operators reluctant to sell sentiment thicker, increasing the spot market inquiry, the inquiry relative to the end of December and a slight increase, the inquiry raised 2000 yuan / ton. It is understood that, in December 2014 low 60 wolframite Inquiry at 7.7-7.9 yuan / ton, the current inquiry wolframite concentrate in 80,000 yuan / ton, the lowest it has a small amount of 78,000 yuan / ton.

Analysts believe that the reason for the recent rise of tungsten concentrates are: First, the Spring Festival approaching, the downstream tungsten smelters have carried home by the end of stocking, market inquiries increased slightly; secondly, near the bottom of the ore prices, traders and high-priced cargo operators, bargain increased willingness to buy; and finally, holding business continued reluctance to sell, no cargo cover, not buy cheap tungsten ore, had raised the inquiry.


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By the end of two days stocking increased slightly by tungsten market inquiry

Tungsten market: It is understood that the end of January tungsten smelter will come home later this month shutdowns, increased by the end of two days of stocking, slightly increasing market inquiry, therefore the time of signing the order earlier this month, and the price is relatively orders last month a slight increase, but by the end demand is low, the double pressure of raw materials inventory constraints, resulting in spot market goods less, distribution market opens inquiry is still expected this month or tungsten firmer commodity prices, but the upside is limited.

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Clutched goods not hold stocks, tungsten steel scrap prices steady

Although the agency quoted the crash, but the scrap tungsten market prices remain stable, mainly because traders goods clutched in your hand, do not ship, resulting in spot market goods less, still Inquiry distribution market opened, but less cargo, the middle traders operation more difficult, by this support and tungsten steel scrap prices steady.

Mainstream tungsten steel scrap prices steady, around Christmas and then the specific price is still relatively slight rise, mainly because some manufacturers were late stocking, less cash, big traders to receive scrap tungsten steel, had raised the inquiry. It is understood that before distribution market scrap tungsten drill mainstream 157-159 yuan / kg, now scrap tungsten drill mainstream 158-160 yuan / kg, slightly rose 1 yuan / kg.


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Raw material prices stabilized tungsten concentrate, APT prices low rise

It is understood that two days APT Inquiry increased slightly, most smelters home currently has orders in production, price and signed slightly raised than before, with the offer price gap is small. Before New Year's APT focused on mainstream price 125,000 yuan / ton, or even lower, low-cost or even 123,000 yuan / ton traded, the actual transaction price and then offer a difference of nearly 10,000 yuan / ton; however, after the publication of guidance prices lowest price APT smelter home is 126,000 yuan signing / ton, external offer focused 12.8-13 yuan / ton.

The APT price rise is mainly due to low: First home tungsten smelter shutdowns will come later this month, an increase by the end of two days of stocking, market inquiries increased slightly; the second is the introduction of new environmental laws, Ganzhou factory downtime elongated, output strictly controlled; three is the raw material of tungsten concentrate prices stabilized and rose slightly, APT prices are also affected by this support and slightly firm.


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New Shao discovered a large amount of tungsten ore proved more than 70,000 tons of tungsten resources

Recently, news came from Hunan Geological Prospecting Bureau, compiled by the Bureau 407 team "Xinshao County, Hunan Lake Creek mine tungsten ore exploration report" filed in the Provincial Department successfully submitted 70,400 tons of tungsten resources, amounting to large-scale deposits. This is the first since 2000 in Hunan nonferrous mineral exploration by filing reports.

New Shao Lake Creek mine tungsten ore exploration team Hunan Geological Prospecting Bureau 407 commercial geological prospecting projects signed in 2010, which lasted four years, the project team completed the field work from detailed investigation into the exploration, geological survey completed 1:2000 2.15 square km, stratabound deposit type for tungsten skarn deposits, mining engineering uncover a single layer of tungsten mineralization up to a maximum of 19 layers, each layer in both mineralized ore distribution. Exploration report which 12 mineralized layers are numbered and estimated the amount of ore resources, a total of 57 ore body delineation, ore body thickness of 0.64 m ~ 17.56 m, with an average grade of 0.367%, the amount of 19.16 million tons of proven tungsten ore tungsten resources of 70,400 tons. Expected mine life of 17 years, the potential economic value of the total of about 80 billion.


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Guided just introduced this month, the tungsten market sentiment is still strong

Tungsten market: major institutions guided just introduced this month, market sentiment is still strong, the actual turnover less; as demand continued to slump, while ferrotungsten stock has adequate supply and demand once again highlights, tungsten iron manufacturers take the hard goods, foreign manufacturers Quote difficult firm. And with Jiang W, Minmetals, Ganzhou tungsten tripartite co quoted sharply lower, tungsten market outlook is not expected, tungsten quotes are slightly lower, lower price, more upside.

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