Tungsten scrap prices temporarily stable part of the business sentiment stockpile

Tungsten scrap prices continue steady mainstream . Scrap market price of tungsten slight gap around the drill , part of the eastern and southern markets not included in the trading price of 184-185 yuan mainstream focus / kg, but other parts of northern Hebei market remained at 188-190 yuan / kg, a relatively strong business mentality . Waste and scrap tungsten tungsten blade materials market is still some transactions , the downstream demand procurement , businesses do not intend to take the goods cheap , and the prices relatively stable.

Recent signs of tungsten concentrate prices have to rise , scrap tungsten business confidence also increases, part of the breeding stockpile intentions, but the overall atmosphere is still waiting to see darker . Minmetals and tungsten co- June guidance forthcoming before ore price rally is not yet clear , short-term waste tungsten market is expected to continue steady run multiple .


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