Tungsten ore market continues to light, or continue weakening ore price

Tungsten concentrate market turnover continued to light, the mainstream offer temporary steady, but the actual low, dropping slightly, the current price of tungsten concentrates slightly down compared to last week, 500-1000, mainly interval low dropping, the high cost reduction, customer inquiry are concentrated in the range of low-cost and continued to suppress the inquiry. Wolframite is concentrated in the mainstream 9.2-9.4 yuan / ton, the mainstream market scheelite concentrate in 9-9.2 yuan / ton.

On the one hand, mining more than normal start, even though production has begun to pay attention to control, but with the history of the accumulated inventory, tungsten ore spot supply is still growing. On the other hand, the buyer purchases cautious, and more on-demand small purchases, and it is understood Pan Asia Shouchu nearing completion, downstream tungsten demand increasingly shrinking. He increased this reduction, tungsten increasingly fierce market supply and demand, is expected to post weaker ore price or continue.


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Tungsten Products sidelines temporarily stable, powder running low

After temporarily stable tungsten products prices fell. Currently tungsten steel offer 260 yuan / kg, high-purity tungsten 290 yuan / kg, due to the low prices steady powder, tungsten products prices have not dropped, coupled with low downstream demand, so businesses will lower prices are not high. Expected short-term market or tungsten products continue to stabilize.

Tungsten powder and tungsten carbide market vulnerable stability maintenance, currently concentrated in the actual transaction between 244-245 yuan / kg. Because of tungsten concentrates and other raw materials prices continue to decline, resulting powder business confidence declining shipments will gradually increase prices, low-cost resources are also emerging on the market, the overall market appears vulnerable.


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Kennametal's New Development of Beyond Tungsten Carbide Inserts

Recently, Kennametal, as the leading tungsten carbide inserts producer, exhibited at the IMTS 2014 show and announced the introduction of a range of new Beyond Drive tungsten carbide inserts specifically designed for cast irons, steels, and stainless steels that make up many critical components over a variety of industries. Like all of Kennametal’s Beyond™ line of products, Beyond Drive inserts feature a proprietary post-coat surface treatment that improves edge toughness, reliability, and depth-of-cut notch resistance, and a micro-polished surface to reduce friction and workpiece sticking (BUE). A fine-grained alumina layer allows for increases in cutting speed, improving productivity and reliability at high cutting temperatures.

With Beyond Drive tungsten carbide inserts, adding a new titanium oxy-carbonitride outer coating (TiOCN) not only increases wear- and abrasion-resistance, its bronze colour is also an effective wear indicator. Depending on the application, field tests are showing anywhere between 30% and 125% more parts per edge.

          tungsten-carbide-inserts

All new Beyond tungsten carbide inserts are CVD (chemical vapour deposition) coated, but whereas conventional CVD coatings are under tensile stress, Beyond tungsten carbide inserts undergo a proprietary post-coat treatment on all surfaces to reduce this stress, which improves coating adhesion and reduces micro-chipping. More uniform and reliable wear of the cutting edge results in improved and more consistent tool life. “Together with the right geometry, we’ve seen big improvements in cutting performance and tool life in both internal and field tests,” stated Manuel Sedan, Senior Product Manager, Turning Products, at Kennametal.


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Tungsten Market volume was light, the more sluggish demand

Tungsten market: Today tungsten market volume was light, and the prices temporarily to smooth the main, increasing demand for tungsten concentrates was no positive factors, but with the acquisition of APT's Pan Asia near the end, the latter's demand for raw materials tungsten concentrate more depressed, tungsten concentrate mainstream market is still weak. Waste tungsten market sentiment is still pessimistic side, low-cost ship strong, the overall market remained weak. Recent market mainstream tungsten concentrate is expected to remain weak.

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Tungsten ore market temporarily disadvantaged stability maintenance, late or still slipped

Today, tungsten market volume was light, and the prices temporarily to smooth the main, but dragged down by weak demand for tungsten products continued to show the actual turnover dropping trend. Today, the main ore price stability maintenance, cautious business operations, strong bearish mentality, regardless of downstream buyers or traders cargo hold, now guided the introduction of multi-wait wait, is expected this week or steady smaller ore price drop.

It is understood that the mainstream price wolframite concentrate on 9.2-9.5 yuan / ton, the mainstream price of scheelite concentrate at 9-9.2 yuan / ton, and the price gradually more concentrated in the range of low, late ore prices rebounded hard see support, is expected to post much scheelite price fell below 90,000 risk.


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Waste low tungsten prices temporarily stable, the overall market remained weak

Weekly opening, tungsten concentrate prices temporarily stable operation, waste tungsten market sentiment remains pessimistic side, low-cost ship strong, the overall market remained weak. With the approaching end of the financial pressure will gradually increase, coupled with the expected bearish market outlook is expected to scrap tungsten market or short-term bias will continue to run.

Waste tungsten temporarily stable prices low. Currently scrap tungsten drill mainstream transaction price excluding tax concentrated in the 175-178 yuan / kg, imported scrap tungsten blades and drawing dies 168-170 yuan / kg, domestic waste tungsten blade 157-160 yuan / kg. 70 degrees above the grinding tungsten scrap material 1.59-1.63 yuan / kWh, 50-70 degrees 1.49-1.59 yuan / kWh, 30-40 degrees 1.39-1.44 yuan / kwh.

Overseas tungsten City decline slowed. The 24th in the evening MB ferrotungsten Rotterdam offer 38.5-39.5 US dollars / kg tungsten, transient stability; paratungstate Europe offer $ 325-345 / ton degrees, highs $ 5; quoted in Hong Kong remained at $ 340-365 / ton degrees. Overall decline narrowed, expected short-term overseas tungsten City or continue weak adjustment.


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Tungsten ore traders lack of confidence, liquidity pressure

Tungsten market: tungsten ore traders lack of confidence, liquidity pressure, shipments will increase. However, final demand is not good, prudent tungsten smelter home operation, strict control of raw materials and product inventory, purchasing Scheelite intention is not strong, and continue to suppress the inquiry, post-tungsten ore market price or steady small drop. Ferrotungsten downstream market demand remained weak, high-speed steel, special materials are rarely smelter recently purchased home, leading manufacturers in recent months ferrotungsten active low, the market overall operating rate. Short-term market is expected to temporarily difficult to improve.

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Ferrotungsten market demand downturn, few manufacturers to resume production

Ferrotungsten downstream market demand remained weak, high-speed steel, special materials are rarely smelter recently purchased home, leading manufacturers in recent months ferrotungsten active low, the market overall operating rate. So far, most of the temporary shutdown of small manufacturers currently no willingness to resume production, the small number of large tungsten iron smelter at home are starting to resume production.

Currently 70 mainstream price of tungsten concentrate iron in 16.6-17 yuan / ton (cash - acceptances), 80C ferrotungsten single market exercise less, the price of the mainstream focus on more than 170,000 points. It is understood, Hunan, a large resume production this week, and immediately received a number of orders, the current 70 base ferrotungsten acceptance offer 169,000 yuan / ton. And Hunan and Hubei Lihong, a large tungsten iron trade reached a cooperation agreement, authorized & ldquo; scale tungsten brand & rdquo; 70 #, 80-C # tungsten iron exclusive distributor in Hubei Huangshi area.


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Tungsten scrap price continues to fall, the outlook is not encouraging

Scrap steel prices decline more than tungsten. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 175-178 yuan / kg, down three yuan; imported scrap tungsten blades and drawing dies 168-170 yuan / kg, down 2 yuan; domestic waste tungsten blade 157-160 yuan / kg, down 1 yuan. Businesses pessimistic attitude, shipping prices have led to an endless stream of low-cost resources on the market, prices are not the lowest, only lower, but the overall volume is still in the doldrums, the market outlook is still optimistic.

Waste tungsten material prices also continued to decline. Currently more than 70 degrees tungsten grinding waste materials concentrated in price between 1.59-1.63 yuan / kWh, 50-70 degrees 1.49-1.59 yuan / kWh, down 0.01-0.03 yuan; 30-40 degrees temporarily remained at 1.39-1.44 yuan / kWh. Currently tungsten concentrate price decline is difficult to stop, along with scrap prices continue to fall, market confidence is very sluggish, short-term market is expected to temporarily difficult to improve.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten Products business mentality turnover concentrated in low-poor

Tungsten prices are no longer strong. Currently tungsten steel offer 260 yuan / kg, high-purity tungsten 290 yuan / kg, stumble around 10 yuan. Tungsten and tungsten rod electrodes no significant decline in the market, due to less downstream demand, so businesses will not high prices. Expected short-term or temporary tungsten products prices stabilize.

Tungsten powder and tungsten carbide market vulnerable stability maintenance, currently concentrated in the actual transaction between 244-245 yuan / kg. Due to continued low prices of raw materials such as tungsten concentrate, powder along with business confidence declining shipments will gradually increase prices, low-cost resources are also emerging on the market, the overall market appears vulnerable.

Overseas tungsten City dropped again. 22 MB ferrotungsten evening Rotterdam offer 38.5-39.5 U.S. dollars / kg tungsten, transient stability; paratungstate Europe offer 325-350 U.S. dollars / metric ton, down $ 10-15; Hong Kong offer $ 340-365 / metric ton, down 5-11 USD. Expected short-term overseas tungsten market continues weak



Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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