U.S. markets tungsten carbide powder prices remain stable at $ 55-60 / kg. Although better than a few months before the market active, but the last two weeks the price has remained stable. The U.S. market demand is stable , expected short-term price will remain at this level.

U.S. purchases of a tungsten carbide powder in four tons monthly users , said tungsten carbide powder contraband spot market prices are still sent to 55-60 U.S. dollars / kg , this month they are to $ 57 / kg purchase price of just one ton of tungsten carbide powder . The person that tungsten carbide powder prices will remain stable in the short term .

"Compared with a few months ago , ( tungsten carbide powder ) price is definitely down , I think prices have bottomed out , " he said. "Now the demand is relatively stable, there will be no short-term price changes . The current demand will ensure that prices will not fall again. While prices will not rise in the short term , but it will not go bad , " a U.S. traders also said that they sold about 1 ton per month tungsten carbide powder , the trading volume in March will also be maintained at this level. He also believes that the current price of tungsten carbide powder at $ 55-60 / kg between steady demand .


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Demand will remain weak

According to the China Nonferrous Metals Industry Association Recycling Metal Branch , Vice President and Secretary General Wang Ji bit expected , on the demand side , the recent never again have a massive investment stimulus policies, the overall situation of renewable non-ferrous metals in the near future there will be significantly improved, demand is unlikely to have high growth. Among them, the recycled copper production has declined , recycled aluminum production was essentially flat , secondary lead production increased slightly , recycled zinc production fell slightly. Meanwhile, in the context of urbanization in China, the economic and social development of many important energy peak demand and still have 10-20 years of mineral raw materials , particularly copper , aluminum and non-ferrous metals are two varieties , resource requirements will peak in 2025 about coming.

In terms of price , due to the existence of industry overcapacity, sharply efficiency, increased production costs , lack of competitiveness , export structural contradiction , the world economic slowdown , further declines in market demand and other issues , the industry is expected to be recycled copper demand further reduced.

Deep-rooted problems to be solved

" While the industry remained stable overall running posture , we must soberly , restricting some deep-seated contradictions and problems of regeneration , coordinated and healthy development of non-ferrous metal industry has not been fundamentally resolved, steady development is still facing many difficulties and challenges. " Ji bits.

First, the overall situation can hardly be optimistic about the industry , the domestic downstream demand weakened , the upstream raw material imports difficult. By the non-ferrous metal prices are low , the impact of the macroeconomic slowdown , imports and increasing environmental pressures and other unfavorable factors , investors are not optimistic about the outlook of the industry , slowing down the progress of new projects under construction , some companies are maintaining and wait stage , started rate dropped significantly, or is discontinued, converting state.

Meanwhile, the international trade protectionism to limit exports of non-ferrous metal scrap , recycled metal industry has developed rapidly in developing countries , resulting in non-ferrous metal prices ups and downs , metal scrap imports more difficult to form a multi-national , multi- compete the international scrap metal market situation, to metal production and operation of domestic renewable great difficulties and risks.

The second is not high value-added products , the industrial structure of the contradictions are still outstanding , the whole industry chain in the international division of labor in the low-end link. Mainly in the low- end products companies to develop the level of the input-output efficiency is not high , competitiveness is weak, not strong ability to withstand risks . The main reason is the little businesses to invest in new product development , extend the industrial chain , the cause of low value-added products , a slight fluctuation in the market can not meet , seriously hampered the development of enterprises.

Third, technological innovation capability needs to be improved . Regeneration of non-ferrous low corporate technology and equipment level , there is a certain gap with developed countries , technological innovation and low awareness , poor , inadequate investment is the main reason companies uncompetitive . Strengthen the R & D investment in technology research and development is the key problems to be solved .

Fourth, the industrial park competition , industrial chain competitive advantage should be improved. With the increase in the number of industrial parks , industrial slowdown , competitive pressures between the park attendant . Some pre -prepared, weak industrial base , lack of resources , market management lag park facing delays in project implementation , the industry chain is not complete dilemma.

Five are in urgent need of tax policy support and financial support. At present, China Nonferrous Metal Industry regeneration compared with developed countries is still very young , but the role in the national economic construction and very important. Tax policy support and financial support to create the conditions for business out of trouble.


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"At present, China's nonferrous metals face large dependence on foreign status quo of China's urgent need to protect internal resources recycling non-ferrous industrial system uptime , recycled metal industry development is the formation of a complete industrial system of colored only way . Therefore , non-ferrous metal industry is the most typical regeneration of strategic new industries. Deputy Director of the General Office , " the Ministry of Industry and Information Technology Energy Saving and Comprehensive Utilization Department WANG Xiao Yang said recently .

Industrial importance has become increasingly prominent

Regeneration of non-ferrous metal industry after nearly 10 years of sustained development, mainly non-ferrous metal production exceeded 10 million tons of renewable , has close to 1/ 3 of the native non-ferrous metals production, more than 400 billion yuan of industrial output value , industrial scale largest in the world .

Currently, renewable non-ferrous metal industry has become China's mineral resources to alleviate the shortage of supply of conflicts, promoting non-ferrous industry, energy conservation, development of national economy important measures. For example , recycled copper , aluminum , lead, zinc , respectively, overall energy consumption is only 18% of primary metals , 45%, 27% ​​and 38% ; production per tonne of ore resources can save a corresponding amount of 380 tons , 20 tons, 128 tons , 52 ton and 1054 kg of standard coal , 3,443 kg , 659 kg , 950 kg .

According to statistics, in the first three quarters of 2013 , China's renewable and non-ferrous metal industry production compared to the same amount of primary metals , energy saving 16 million tons of standard coal, 1.1 billion cubic meters of water conservation , saving 50 billion kwh of electricity , reduce solid waste discharge 900 million cubic meters , reduce carbon dioxide emissions 56 million tons , saving natural resources one billion tons .

2020 , China's renewable industry will continue to grow non-ferrous metals , the product will be more than 20 million tons of total industrial output value will be close to 1 trillion yuan .

Enterprises to enter the era of meager profit

2013 , China's non-ferrous metal industry overcome the economic regeneration of the downward pressure on domestic and international influence , overall remain basically stable operation. On this basis , the State Department has issued a number of policies and regulations related to recycling economy and recycled metals , China's nonferrous metals industry regeneration policy environment has been further optimized to enable enterprises to accelerate the pace of technological innovation for industrial and technological progress and industrial upgrading provides a powerful thrust.

Nevertheless, the 2013 Renewable nonferrous metal products production has declined slightly , a marked decline in economic efficiency of enterprises , reducing new investment , import and export trade growth down , the domestic market is still significantly lower than the non-ferrous metal prices the same period in 2012 , has been seriously affect the development of non-ferrous metal industry throughout regeneration .

In terms of product yield , the first three quarters of 2013 renewable non-ferrous metals ( copper , aluminum, lead , zinc ) production was 7.22 million tons , down 5.1%. Which recycled copper production of about 1.8 million tons , down 12.2% ; recycled aluminum production is about 3.5 million tons , down 3 percent ; recycled lead acid batteries due to the elimination of short- cycle reasons , the demand is growing, production of about 110 tons, an increase of 4.8% ; renewable zinc production of about 820,000 tons , down 8.9%.

In product prices, from January to September 2013 , due to the non-ferrous metal prices continue to shock down , recycled ferrous metal products average selling price decreased by 9 % over the average price last year . The 1st scrap average price of 49,460 yuan / ton ; the 2nd scrap average price of 45,800 yuan / ton ; scrap average price of 12,509 yuan / ton ; regeneration aluminum [ colored leads : aluminum alloy ] ADC12 average price of 15,755 yuan / ton, compared with the same period in 2012 decreased by 8 %. As of the end of September 2013 , the price of waste lead-acid batteries is about 7700 yuan / ton, unchanged from the beginning of 2013 .

In import and export, from January to August 2013 , China's total imports of copper , aluminum, zinc scrap 4.394 million tons , the amount of $ 11.41 billion , down 9% , respectively , 8.5 %. Among them, 2.79 million tons of imported copper scrap , down 9.7% , the amount of $ 8.89 billion , down 8% ; imported 1.58 million tons of aluminum-containing scrap , down by 7.6% , amounting to $ 2.48 billion , down 12.9% ; imports zinc scrap 24,000 tons , an increase of 9.1% , the amount of $ 41,000,000 , an increase of 5.1%.

In terms of business benefits , due to falling commodity prices , increased production costs flank , recycled nonferrous metal enterprises to enter the profit period, fixed asset investment rate and the number of new projects are significantly decreased.


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Tungsten market : market sentiment , lower spot market activity , many businesses wait and see outlook . APT 's downstream business procurement efforts not strong, only a small amount of tungsten concentrate market transactions , trading atmosphere deserted. Tungsten scrap merchants worried about the market outlook continues to fall, emerged goods will be enhanced , there is still some recyclers receipt enthusiasm, but mostly there is the phenomenon of lower prices , the market is still trading environment . Tungsten smelter home very price awareness , offer relatively strong, but manufacturers rarely received exercise alone , when it comes to the actual transaction will slightly none to sell, market or tungsten material in recent days continued to stabilize the main .

Molybdenum market : current external molybdenum products market remain strong upward trend , while the domestic market is also essential to achieve low molybdenum stabilized . Although steel prices difficult to give support tender , but molybdenum concentrate businesses reluctant to sell cheap sentiment worsened venue low turnover signs have also been reduced . If the business quite late molybdenum market price of psychological enhancement, material prices , or more solid.

China's largest Carbide professional market - trading center in Jiangsu Xixiashu tool will be completed and put into operation during the year , the current main project has been completed, landscaping, roads and other facilities will be completed acceptance June .

"China Tool town ," said Xixiashu is the birthplace of the tool industry , leading enterprises - Xixiashu Tool Research Institute since the 1980s, it ranked the top five , as the tool industry "Whampoa Military Academy ." Currently, the production of all kinds of tools Xixiashu has more than 700 enterprises , 23 high-tech enterprises , industrial cluster tool output value of 4 billion yuan , industry and trade , and the varieties, specifications , business focus , improve the industrial chain , said tool products the national market coverage of 80% national market share of carbide tools up to 50 %, non -standard tools market share of 30 %, which is an important production and development of tool base and distribution center .

Jiangsu Construction Tools Trade Center Xixiashu total investment 300 million yuan , construction area of ​​45,000 square meters , in order to build a commercial complex in the form of construction , set tool procurement, information intermediaries , promote integration, business incubators and other functions into one , put into operation after the introduction of more than one thousand merchants can absorb , the annual turnover is expected to reach 30 billion yuan. Trading center set up machinery, tools, equipment , raw materials of metal , alloy raw materials , CNC tool , alloy tool , cutting tool , boutiques and other specialized tools display area , brought together various domestic and industrial tools equipment, has already identified are settled Germany AF, Walter , United States Kennametal , Ocamar other international brands and Hunan Bo cloud Oriental , Zhuzhou Cemented Carbide , Ganzhou tungsten chapter , Xiamen Golden Egret other well-known domestic enterprises , merchants not only from here, " one-stop style " procurement to tool development, production required for a variety of materials, equipment , but also looking for opportunities to expand exchanges and cooperation and market opportunities through this platform. Center also has industrial service centers, corporate headquarters, warehousing and logistics facilities , supplemented by casual dining , business hotel, residential apartments , parking lots , providing a full range of services to merchants settled " with greater ease ." After the center put into operation , the exhibition will also be held regularly tools , building electronic information business platform , driven by rapid increases in the overall level of the tool industry , promote local economic accelerate development.


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High density tungsten alloy counterweight racket using the ratio of 90% WNiFe compounding processing , has outstanding advantages in performance. The counterweight is sintered tungsten , nickel, iron powder by mixing repression. Wherein the maximum content of tungsten , 80% to 90% and nickel, iron acts as bonding agent. After the two-phase alloy liquid phase sintering density and the theoretical density similar. Nickel is an essential phase in the sintering process elements , typically at levels from 0.5 % to 12% , if more than 12% , the alloy heat resistance and corrosion resistance are reduced. Iron content is generally between 0.5% and 8% , if more than 8% of the brittleness of the alloy increases . Iron in the alloy to improve the strength and ductility of these alloys have certain magnetic properties. Because the alloy by sintering process allows intermetallic reach full density, so that the density can reach 18.6g/cm ^ 3 is an important counterweight product material . And tungsten - nickel - copper alloy strength and ductility compared to the alloy are better .

Tungsten - nickel - iron alloy has excellent physical and mechanical properties , including high density, high strength , low coefficient of expansion , corrosion resistance , high temperature oxidation resistance and good machinability , etc., and rapid development and wide application , but the alloy a certain magnetic strength and superior ductility are tungsten - nickel - copper alloy. The alloy with a high proportion of tungsten alloy counterweight racket hand high density tungsten heavy alloy , can reach a certain weight requirements . The other hand, high density tungsten alloy corrosion, oxidation , tennis counterweight regular contact with the air , the air humidity of the season easily oxidized metal , this characteristic high density tungsten alloy counterweight can guarantee lasting tennis racket gloss , greatly extending the life of dumbbells .


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Due to the recent market downturn tungsten , tungsten scrap merchants worried about the market outlook continues to fall, emerged goods will be enhanced , there is still some recyclers receipt enthusiasm, but mostly there is the phenomenon of lower prices , the market is still trading environment . Tungsten scrap material resources are relatively highly tight market still strong, short-term waste tungsten market is expected to continue steady run multiple .

Tungsten scrap prices continue steady mainstream . Currently scrap tungsten drill focused on the purchase price excluding tax mainstream 187-190 yuan / kg, imported scrap tungsten blade 177-180 yuan / kg, domestic waste tungsten blade 167-170 yuan / kg, scrap wire drawing dies 179-182 yuan / kg waste pure tungsten 213-221 yuan / kg. W ≥ 70% concentrated in the purchase price of the grinding material mainstream 1.8-1.85 yuan / kWh , 50%


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Tungsten ore spot market activity is low, corporate procurement efforts downstream APT 's not strong, only a small amount of tungsten concentrate market transactions , trading atmosphere deserted. Buyers continue to strongly suppress the inquiry, 60 degrees wolframite concentrate on mainstream price 1.49-1.51 yuan / kWh, but the market has seen low Inquiry 1.48 yuan / degree ; however , holding the goods on the current price , low-cost small intention to ship . If April is expected to have no significant positive factors supporting the tungsten market will show a short-term Yindie state.

Some late 2013 and early 2014 more optimistic outlook tungsten traders now have to grasp the trend of late is not very accurate , that the latter may not be tungsten prices rose , but the market price will always be depressed , or get some support and maintain firm, is currently allowed to say , so traders currently hold stocks to watch, neither cheap Paohuo , not hoard goods procurement and operation of nearly 1-2 months enthusiasm is not large.


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Tungsten spot market activity is low, many businesses on the sidelines . Tungsten smelter home very price consciousness, quotes getting strong, but the actual transaction is still slightly bargaining space , expected short-term market price of tungsten or continue to stabilize the main .

Macro level , the central bank monetary policy meeting expressed unchanged, suggesting no RRR necessary ; HSBC China Services PMI index for March rose to 51.9 , for the four-month high ; IMF says not to expect a rise in global interest rates .


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Tungsten concentrate market gloom , businesses operating enthusiasm is low, hold stocks for the current price not want to ship only a small part of the business has been a slight movement , most of them temporarily offer , watching the afternoon, spot trading was light. It is understood that the current mainstream market of tungsten concentrate prices stabilize, but buyers continue to take this weak market prices down , or even 65 degrees wolframite inquiry 11 below , sell low willingness to hold stocks still strong, the overall turnover of the difficulties .

Short-term analysis of the tungsten market is expected uplink little hope , most traders and buyers are currently suspended action, watching the market , tungsten or continued weak market stability maintenance .


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