Scrap Tungsten Market Keeps Steady, Wait and See is Mainstream Attitude
- Details
- Category: Tungsten's News
- Published on Tuesday, 25 December 2012 18:05
The mainstream scrap tungsten price maintains steady. The transaction price excluding tax of domestic blade is ¥171.00-¥174.00/kg; imported blade is ¥181-183/kg; scrap tungsten bit still concentrates on ¥187.00-¥190.00/kg scrap pure tungsten block is ¥208.00-¥213.00/kg.
The price of the content of scrap tungsten grinding material which is more than 70W is ¥1.70 per kilogram tungsten, 50W-70W is ¥1.60 per kilogram tungsten, 30W-40W is ¥1.40 per kilogram tungsten, 10-20W is ¥0.80 per kilogram tungsten while 8W-10W is ¥0.70 per kilogram tungsten, which keep steady constantly.
Although the tungsten concentrate prices stop dropping, tungsten chemical, tungsten products market are still weak. Scrap tungsten suppliers, which are affected by the downward of tungsten concentrate price, their attitude become more cautious and more willing to wait and see. Chinatungsten Online predicts scrap tungsten prices will keep steady generally but falling feebly.
In the international market, tungsten concentrate prices show its trend to move up constantly. By the night of 21st, the guiding price of MB ferrotungsten in warehouse Rotterdam maintains $43.00-44.00 per kilogram tungsten, the highest level has increased $0.50; the quotation of ammonium paratungstate keeps $304.00-330.00/mtu.
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