Three companies benefit from the rebound of the tungsten market

The panicky drop in the international price of gold and the lower price of copper, aluminum and other commodities has stressed the market. However, the price of the minor metal, tungsten, not affected by these drops, continued its upward trend. The quotation of tungsten of Pan-Asian Non-ferrous Metal Exchange has set a new high.

The rising price of tungsten has provided a good environment for companies. Xiamen Tungsten stated in its first-quarter performance forecast that the domestic and foreign demand has dramatically increased since March, 2013, gradually rising the sale price and the profitability.

There are three domestic listed companies covering the industrial chain of tungsten, they are Xiamen Tungsten, Hunan Non-ferrous Metals and Zhangyuan Tungsten.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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