Tungsten Powder Prices Stabilize While Market Transactions Are Hardly Concluded.

Details: Category: Tungsten's News; Published on Friday, 24 April 2020 15:15

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ammonium metatungstate(APT) prices are unchanged from the previous trading day. As the tungsten industry is experiencing an unprecedented downturn, demand from overseas buyers remains sluggish and market transactions are hardly concluded.

Tungsten is widely applicable in transport, energy, construction, electron and industrial usage. For example, tungsten is used to make circuit board, which is needed to construct fifth generation (5G) networks, data centers, artificial intelligence and industrial network infrastructure. Now market participants keep focusing on these industries, waiting for good news from them.

Prices of tungsten products on Apr. 16, 2020

tungsten carbide powder price image