Ferrotungsten domestic market running smoothly , despite the tungsten iron smelter family received less exercise alone , but manufacturers offer still relatively strong, operating rate is still low , strict control of inventory . Analysts believe that the short-term market or tungsten iron weakly held steady running , long-term purchase of deregulation as expected , demand for tungsten steel or iron will increase .

European ferro-tungsten demand is relatively stable, some of the major steel mills in Europe has been purchasing in the spot market . Currently Rotterdam warehouse tungsten iron cross price stable at $ 45.5-46.5 / kg between the purchase price of steel is generally close range low , traders transaction price is generally higher than $ 46 / kg , department merchants eager to sell , so there are parts of less than $ 46 / kg transactions.


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In recent years, relying on the advantages of tungsten processing Gan County county , to develop deep processing projects and tungsten products , extend the industrial chain and improve industrial competitiveness , the tungsten industry go -scale , intensive, benefits of development. Currently, the county has more than 11 scale tungsten processing enterprises , the main business income of billions of dollars of business 9 , which Shi Rui Group revenue of over 3.0 billion. Swiss group in the world , Jiangxi Tungsten tungsten alloy , tungsten, molybdenum , etc. Dragon enterprises as the leading industry cluster has been formed tungsten , tungsten industry chain to become one of the country 's longest counties. Products are exported to Japan , Korea, Europe and other developed countries and regions, including carbide international market share of about 1%. 2013 , the county's tungsten industry realized main business income of 8.0 billion, an increase of 21.2 %, higher than the county average increase of 2 percentage points.


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Tungsten mainstream market prices temporarily stable , waiting agency guidance issued in April , the market has continued steady scrap tungsten wait turnover overall performance is acceptable , the business mentality of relative calm , the price adjustment is not strong . Tungsten scrap material prices relatively strong, sustained and stable quotes , and more are expected to short-term waste tungsten market will continue steady operation.

Waste tungsten steel prices continue to hold steady . 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 market trading atmosphere of calm, smelter received exercise alone rarely home , demand is very weak , but manufacturers offer still strong, miners waiting for the introduction of multi- agency guidance this month , is expected to continue short-term tungsten Costco continue to wait and see .

Macro level, the NDRC premiere rail freight pricing , intended to attract social capital ; March first steel PMI rebounded after three consecutive months of decline ; Eurozone PMI final value of March 53 , the district general increase in output .


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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 nationwide market coverage of 80% of the national market share of carbide tools up to 50% , non-standard tools market share of 30 %, which is an important research and development of tools production 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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Scheelite downstream buyers continue to keep the prices down , the market demand is low, turnover difficulties , more than the actual transaction in the following 1.5 yuan / degrees, and there is still the possibility of dropping . Small businesses operating enthusiasm before the holiday , and more to stabilize the main market .

Tungsten prices continue to fall vulnerable . The current market price of tungsten concentrate in mainstream powder 271-273 yuan / kg, native WC 270-272 yuan / kg, down 1 million, while the actual price has dropped to 270 yuan mostly / kg. Tungsten steel mainstream price 290 yuan / kg, steady ; purity tungsten bar 320 yuan / kg, down 10 yuan ; tungsten electrode grinding rods 405-415 yuan / kg.

Because of tungsten concentrate , tungsten chemical and other raw material prices continue to decline , tungsten products flagging market confidence , keep down costs , merchants offer had continued to fall in the overall decline is difficult to stop . Downstream demand is still very weak , and converting short-term pick up , tungsten products market is expected to continue the recent weak run .


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April 2, 2014 tungsten reference price of all varieties :

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Tungsten concentrate market continues steady downward , downstream buyers continued to lower prices , the market demand is low, turnover difficulties , the actual transaction price is still low, at less turnover of more than 1.5 yuan / degrees, and the risk of post- transaction still dropping .

Tungsten prices continue steady dropping before the Ching Ming Festival , or the mainstream market will stabilize the main tungsten . Many businesses temporarily select the sidelines, waiting for Minmetals other leading large enterprises in April , the latest offer and plan , and then the specific operation .


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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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March deserted Russian ferrotungsten market , turnover is slow, steady prices , currently 70% min ferrotungsten local market mainstream prices at 1,050-1,100 rubles / kg ( 40.9-42.8 U.S. dollars / kg tungsten ) .

Russia , a trader said that the current weakness in the local market demand for tungsten, iron , 70% min ferrotungsten mainstream market prices at 1,050-1,100 rubles / kg (U.S. $ 40.9-42.8 / kg tungsten ) , unchanged from last week . "At present we have no ferrotungsten spot , recently we have not received one week buyers of Inquiry tungsten iron , because slow turnover in the future we will demand procurement , " the trader said.

The monthly trade trader called tungsten iron about 10 tons , 2 tons shipped in March . He believes that domestic demand is low tungsten iron , tungsten, iron prices in the short term is expected to be weak stability maintenance .

Russia, another trader said that the current local market continued ferrotungsten light, due to the scarcity of trading , some traders said the market outlook no confidence. "Currently we quote for 70% min Ferrotungsten 1,100 rubles / kg ( 42.8 U.S. dollars / kg tungsten ) , unchanged from last week , we only agreed to supply quotes . Recently one week we received an inquiry , reported late and did not reach a deal , the buyer is not strong intent to purchase , "the trader said.

The monthly trade trader called tungsten iron about 10 tons , which currently holds three tons 70% min Ferrotungsten inventory. He said that the current downturn in market demand , market participants more than watching the market outlook is expected to continue to slow run .


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