Tungsten market: tungsten market continued to slump, downstream tungsten smelters home facing difficulties, worries after procurement of raw materials for production, product prices lower again once it upside down imminent danger, so manufacturers operate very cautious, procurement of raw materials scarce. Tungsten concentrate cargo operators operating difficulties due to tight liquidity, low supply is difficult to purchase low price, support ore prices. Because of tungsten concentrate prices continue to decline, the cost of supporting efforts to scrap tungsten market weakened further, businesses offer a further drop.

Because of tungsten concentrate prices continue to decline, the cost of supporting efforts to scrap tungsten market weakened further, businesses offer a further drop. Quotes bit low transient stability, blade and wire drawing dies continue to fall, the height of the waste material recycling tungsten price is also dropping again. Pessimistic market sentiment, the overall volume is low. Short-term market is expected to more than scrap tungsten will continue weak run.

Waste tungsten market mainstream steady. Currently scrap tungsten drill mainstream transaction price excluding tax concentrated in the 162-165 yuan / kg, transient stability; import scrap tungsten blades and drawing dies 154-158 yuan / kg, down 3 yuan. Domestic scrap tungsten blade 148-151 yuan / kg, down 2 yuan. 70 degrees above the grinding tungsten scrap material 1.45-1.5 yuan / kWh, 50-70 degrees 1.4-1.45 yuan / kWh, down 0.05 yuan. 30-40 degrees 1.3-1.35 yuan / kWh, transient stability.


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Tungsten concentrate cargo operators operating difficulties due to tight liquidity, low supply is difficult to purchase low price, support ore price, tungsten ore transaction has been fully below 90,000 yuan / ton, post or dropped 85,000 yuan / ton. Due to little demand, the buyer is more dominant, the actual price of a small amount of the transaction closer to 1.16 yuan / kWh. It is understood that this week, dozens of tons of tungsten concentrate Hunan is the deal with this price.

Guide price continued to decline in November, the market demand has not yet improved business confidence this month tungsten quite inadequate, exercise caution, the market price is extremely confusing, buyers and sellers offer big difference. On the one hand, the downstream APT tungsten concentrates and other smelter home continue down the inquiry, 60 degrees wolframite not tax inquiry focused on the 1.16 yuan / kWh, spot market transactions scarce; on the other hand, tungsten concentrate suppliers offer relatively firm, 65 degrees wolframite 96,000 yuan / ton, excluding tax 1.25 yuan / kWh.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email:  sales@chinatungsten.com
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Tungsten carbide indexable insert, with great advantages, deserves wider applications in machinery industry. Enterprises using various kinds of metal cutting machine tools should realize its superiority and increase its application. Engineering technicians engaged in cutting tool technology service should bring into play their exemplary role to the whole factories and help each machine tool operator to know better about it. When an enterprise decides to apply indexable inserts, distribution and reward and punishment system need to be implemented within the enterprises combining the actual conditions of the enterprise. High reward can be given to those operators achieving great progress in using indexable inserts while appropriate punishment be given to those unwilling to make a change. Only by this way, a good atmosphere of using indexable inserts can be formed within the enterprise, which then will contribute to the development of tungsten carbide indexable inserts in China.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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The solution to insufficient application of tungsten carbide indexable inserts in China lies partially in the Government’s help in working out favorable policies and regulations for it. Government can allocate a part of scientific research funds to institutes undertaking research and development work towards tungsten carbide indexable inserts, to enable them to take full advantages of rich mineral resources in China and develop and manufacture more new type indexable inserts.

In addition, financial support should be given to tungsten carbide indexable insert manufacturers, which helps them introduce advanced technologies abroad and thus produce tungsten carbide indexable inserts with higher quality.

What is more, relevant decision-making departments of Government can learn from the experience abroad of indexable insert promotion. Appropriate laws, regulations can be formulated to compel machinery industry to apply tungsten carbide indexable inserts and award those enterprises with good promotion effect.




Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Difficulties in the development of tungsten carbide indexable inserts in China currently include:

I.    In recent years, China has implemented policies of macro-control and curtailment of bank facility. As a result, many mechanical machining enterprises, with low economic profits, can not afford buying new equipment or conducing technical reform.
II.    A large number of cutting tool manufacturers abroad set up factories and sales agents in China, resulting in increasingly fierce competition in China’s cutting tool market.
III.    Poor scientific and research capability of tungsten carbide indexable inserts in China. Due to the impact of market economy, many cutting cool research and manufacturing institutes are unwilling to spend a lot of money to do research work or can not afford it.
IV.    The academic exchange in tungsten carbide indexable inserts should be reinforced.
V.    The cutting tool manufacturers in China stick to conventional management thought and thus fail to provide considerable service to their customers, while most enterprises abroad succeed in doing so. That is part of the reasons why they have occupied most of our market share of cutting tools

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market: Tungsten demand continues to slump, tungsten smelter family situation started to shrink further, and then two days very price conscious of manufacturers, scrap tungsten prices fell sharply last week after week, becoming smooth, very price will drill businesses enhanced significantly reduced Paohuo phenomenon. Weak overseas demand for ferro-tungsten market, prices firm fatigue, manufacturers were forced to gradually cut the factory price, expected in mid-November tungsten prices or short-term maintenance of stability within vulnerable.

Tungsten scrap prices fell sharply last week after week, becoming smooth, drill businesses very price will increase, significantly reducing Paohuo phenomenon. But the current business sentiment remains pessimistic side, the downstream demand procurement, lower overall volume. Tungsten scrap more than expected short-term price trend will remain stable.

Waste tungsten market mainstream steady. Currently scrap tungsten drill mainstream transaction price excluding tax concentrated in the 162-165 yuan / kg, a small amount of the transaction price 167 yuan / kg. Imported scrap tungsten blades and drawing dies 157-161 yuan / kg, up to 155 yuan cheap. Domestic scrap tungsten blade 150-153 yuan / kg. 70 degrees above the grinding tungsten scrap material 1.5-1.55 yuan / kWh, 50-70 degrees 1.45-1.5 yuan / kWh, 30-40 degrees 1.3-1.35 yuan / kWh, transient stability.

Overseas tungsten City still ups and downs differences. On the 12th evening MB ferrotungsten Rotterdam quotations 368-37 USD / kg tungsten, down $ 0.1-0.5; paratungstate Europe offer $ 325-345 / ton degrees, transient stability; Hong Kong offer 340-360 US dollars / metric ton, low on the probe again $ 1. Expected short-term overseas tungsten City or continue to narrow adjustment.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email:  sales@chinatungsten.com
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Weak overseas demand for ferro-tungsten market, prices firm fatigue, manufacturers were forced to gradually cut the factory price. Recent ferrotungsten market situation started to shrink further, to maintain the number of manufacturers producing no more than five. It is understood that Dan Cheng Xin shutdown, sales of inventory, Hunan, a large continue normal start, acceptance offer 165,000.

Tungsten iron smelter home orders this month little difficult to take the goods turnover Yindie 70 base tungsten iron factory acceptance offer concentrated in 16.4-16.7 yuan / ton, cash traded as low as 16-16.2 yuan / ton.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
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