Tungsten scrap market mainstream temporarily stable, concentrated in low turnover

Tungsten scrap market mainstream transient stability. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 187-189 yuan / kg, domestic waste tungsten blade 167-169 yuan / kg, imported scrap tungsten blade 177-179 yuan / kg, scrap wire drawing dies mainstream price 180 yuan / kg. Hebei region offer slightly higher one yuan, most of the transaction on the market is still focused on low-cost resources.

Waste tungsten grinding material price trend lower. At present, the content of the purchase price of 30-40 degrees W concentrated in 1.4-1.45 yuan / kWh, 50-70 degrees concentrated in 1.5-1.65 yuan / kWh, more than 70 degrees concentrated in the 1.65-1.7 yuan / kWh. Due to poor tungsten concentrate prices, scrap tungsten material recyclers interested in lower prices, the overall volume scarce. Short-term market is expected to die hard tungsten scrap weak pattern.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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MIIT will modify the tungsten industry access conditions established product traceability system

Director of the Division of industrial raw materials, non-ferrous metals at the Ministry of Industry, said Chen Xuesen September 16, the Ministry will continue to improve industry management policies and regulations to promote the formulation of regulations metals, tungsten industry access conditions will be completed as soon as possible revision, timely notice Eligible tungsten and molybdenum list of enterprises, while exploring the gradual classification list of enterprises linked with production targets and establish product tracing system.

After the WTO rare earths, tungsten, molybdenum lawsuit against the export quota system will be forced to cancel, rare face new regulatory challenges. Chen Xuesen in the "2014 China International Tungsten

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Carbide Mold tends to improve product standards

Previous domestic Carbide Die still in its infancy, are generally small modulus gear alloy using a mold for processing, but because the alloy gear machining process will deform and shrink, while precision variation of contraction after the previous domestic research not deep, it is one of the important reasons for restricting hard alloy mold development. Gear injection mold is the most critical part of the process. Gear is a more sophisticated parts, a little deviation may affect the performance of the entire gear. Alloy Die Hard looks simple, in fact, is the most complex, such as gear module, helix angle size, holes and other factors to determine the influence of rigid mold design. Accuracy issues, life issues is a top priority carbide dies research done in this area before the country is still very limited. When visiting some gear factory in recent years, saw a hard mold problems beyond imagination.

From the substantive standards of speaking, should be divided into two kinds of technical standards and product standards, technical standards is a more open standards, and product standards to do it is very difficult to consider the experimental standard rigid mold, precision standards, testing standards and other aspects of the plurality of devices. Therefore, the standard-setting in a day, it must be established in the industry to expand, based on the strength of the economy, when conditions are ripe, the day will be the standard introduction.

Throughout the rigid mold of the status quo, described as mixed. The joy is rigid mold production has a certain basis, and the development trend of the alloy gear rigid mold will bring greater market space; worry is that the domestic production of rigid mold level with the world's advanced level is still some distance , and in particular the trend of alloy gear industry development, the domestic response to market changes in the gear industry keen enough, and the supporting research is difficult to keep up with market demand.

Previously, carbide die machining neither national standards, industry standards are not readily available, especially in the hard alloy molds. Before the most important thing is to set up a standard, industry associations responsibility. Founded & ldquo; small modulus gear Working Committee & rdquo; is to focus on and address the small modulus gear problems in production. Today, the world's most advanced and comprehensive standard rigid mold when the number of the United States, China should learn from the United States die hard standards, and according to the needs of development, and gradually establish its own industry standards and national standards. Specifically, it is to some enterprises do better factory standard for elevation, combined with advanced foreign standards and become China's industrial standards. By this standard to regulate the market, will be able to better promote the development of the industry.



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Buyer more market share advantage, tungsten ore prices dropping again

Because tungsten market remains in the doldrums, demand has not yet been improved, businesses generally tight liquidity, market and other high backlog of inventory, today tungsten concentrate prices dropping slightly again, the actual cash price 60 grade scheelite has been concentrated in the 100,000 yuan / ton or low point, and with ticket prices with no ticket prices falling more violent, and the mine is expected to post price or continue steady weakening.

Buyers aspect does not currently accept more than 100,000 yuan / ton of ore, and continues to suppress the inquiry, the actual buying more cautious. Purchaser said: big companies did not save the city, late tungsten concentrate prices may still fall, do not rush to buy.

At the same time, hold stocks of tungsten concentrate shipments will increase, and the mood more impulsive, ill at ease, confidence in the market outlook is weaker, the original firm's offer also slow down, there are still differences between buyers and sellers psychological level, the current actual market transactions still light.


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Tungsten scrap material recyclers interested in lower prices, the overall volume of scarce

Due to poor tungsten concentrate prices, scrap tungsten material recyclers interested in lower prices, the overall volume scarce. Short-term market is expected to die hard tungsten scrap weak pattern. Waste tungsten grinding material price trend lower. At present, the content of the purchase price of 30-40 degrees W concentrated in 1.4-1.45 yuan / kWh, 50-70 degrees concentrated in 1.5-1.65 yuan / kWh, more than 70 degrees concentrated in the 1.65-1.7 yuan / kWh. Tungsten scrap prices fell slightly. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 187-190 yuan / kg, domestic waste tungsten blade 167-169 yuan / kg, imported scrap tungsten blade 177-180 yuan / kg, down 1-2 yuan. Waste drawing die mainstream price 180 yuan / kg, slightly higher in some areas of Hebei about 2 yuan. Currently actual tungsten steel scrap market transactions are still mostly focused on low-cost resources.

Overseas tungsten City steadily. On the 17th evening MB Rotterdam ferrotungsten offer 40-41 USD / kg tungsten, steady. Paratungstate Europe offer 345-360 U.S. dollars / ton level, low dropping $ 5; Hong Kong offer remained at between $ 358-370 / t degrees. Overseas demand for the release is slow, poor market sentiment, trading atmosphere was still deserted, or expected short-term overseas markets remain weak trend.


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Tungsten Project in Portugal Has Identified an Exploration Target in Licence Area

W Resources (LON:WRES) said its 1,500 metre drilling programme on the Tarouca tungsten project in Portugal has identified an “outstanding” exploration target in the north-eastern portion of the licence area.
 
The update followed the completion of the final five of 15 holes, which uncovered further “significant” high grade mineralisation.
 
This included 3.29 metres at 1.13% tungsten trioxide from 54.55 metres.
 
In all six samples contained in excess of 1% tungsten trioxide close to surface. A further ten were between 0.1% and 1%.
 
Chairman Michael Masterman said: "We already have great grades in surface sampling and these latest results further reinforce the earlier findings with high grade drill intersections.
 
tungsten mine 2
 
“This exploration programme has formed a strong basis to understand the Tarouca deposit and identified thick zones of Tungsten mineralisation.
 
“We will consolidate the work and results to date, and appraise the north-eastern exploration prospect for further targeted drilling in the New Year."
 
Separately, W Resources said exploration continues on the CAA/Portalegre licence with trenching work along the 10km copper gold anomaly complete.
 
 
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Vital’s Tungsten Project Costs $172 Million

A definitive feasibility study (DFS) into the Watershed tungsten project, in Queensland, has placed a $172 million price tag on the project’s development, owner Vital Metals reported on Wednesday.
 
The DFS concluded that the project could support a 2.5-million-tonne-a-year operation for a mine life of ten years, based on a maiden ore reserve of 21.3 million tonnes, grading 0.15% tungsten, for 31 400 t of contained tungsten.
 
tungsten mine
 
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Chinese APT Price Kept Steady, While International APT Price Softened

Chinese APT was offered at RMB163,000-164,000/mt (USD26,721-26,885/mt, export duty excluded) due to sluggish demand. APT transaction price lowered with its raw materials cost. APT suppliers produced according to their orders. It is expected that APT price would lack upward momentum because of low transaction volume in the market.
 
APT price
 
After summer vacations ended, European market recovered much. Exporters received some inquiries, but they couldn’t reach agreement. Japanese and S Korean customers mainly purchased APT from China, so Jiangxi exporter sold several containers at USD360/mtu. It is expected that overseas APT would keep steady, as the demand didn’t rise much.
 
 
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Tungsten Market Has Frustrated, But Shippers' Willingness to Sell Increases

There is strong wait-and-see mood in tungsten market, the overall price remains weak, as well as the spot dealing volume is less. Tungsten mines have been exploiting with increasing supply. Smelting factory such as ferro tungsten or APT factory has low production enthusiasm just for deepening environmental awareness and weak demand, besides, the demand of tungsten concentrate is more sluggish. In addition, due to the original inventory in the market, at present tungsten concentrate supply exceeds demand, which have become increasingly serious. The quotation of tungsten concentrate fall little today, and raw tungsten price fall by 0.01 yuan/degree, but tungsten concentrate price decline unobvious, and the high price reduced, the dealing of scheelite concentrate mostly concentrated in 100000 yuan/ton or less.

"The Golden September" is no longer busy season, market confidence has been frustrated, and the shipper will delivery, the purchasers are cautious to buy and push down inquiry just as tungsten price may fall again later. This week it is expected that tungstn market will remain weak, and the dealing price of 60-grade scheelite concentrate will fall to 100000 yuan/degree.

 

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Tungsten Scrap Market Runs Smoothly, But the Mentality of Businessmen Tends to Weak.

Tungsten scrap price continues to run smoothly, some offers in Jiangsu and Zhejiang area have been lowered in the range of 1 yuan/ton, basically no high dealing and little low dealing. The mentality of businessmen has weakened. Offers in Hebei province remained steady with no willingness to lower, as tungsten concentrate market is hard to improve in short term, it is expected that tungsten scrap price may fall.

Tungsten scrap market has been weakening. At present, the purchasing price of 30-40 degree W grinding material focused on 1.45 to 1.5 yuan/degree, 50-70 degree was around 1.55 to 1.65 yuan/degree, over 70 degree concentrated in 1.65 to 1.71 yuan/degree. The price of tungsten scrap blade is 169 to 170 yuan/kg in domestic, and imported tungsten scrap blade and scrap wire drawing die is 179 to 180 yuan/kg, the offer of tungsten scrap is still in 189 to 190 yuan/kg.
 
 
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Tel.: 86 592 5129696; Fax: 86 592 5129797
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