Waste tungsten continued steady run, the business mentality is more confused

Minmetals other large mining enterprises in July Scheelite forthcoming guidance, estimates are less likely to rise, and tungsten scrap market turnover also performed poorly recently, the business mentality is more confused, and some pessimistic expectations, it is expected that short-term waste tungsten Quotes steady decline may be no shortage.

Tungsten scrap market remains stable mainstream. Currently waste tungsten drill mainstream transaction price excluding tax is still concentrated in the 187-189 yuan / kg, domestic waste tungsten blade 168-170 yuan / kg, imported blade 178-181 yuan / kg, scrap wire drawing dies 179-181 yuan / kg, tungsten grinding waste materials above 70 degrees transaction price is still concentrated in the vicinity of 1.8 yuan / kWh.

Overseas tungsten City steady run. 4 night MB ferrotungsten Rotterdam quote 42.1-43 USD / kg tungsten, ammonium paratungstate Europe quoted 370-380 U.S. dollars / metric ton, quotation 365-370 dollars / metric ton, steady. With the approaching summer break in Europe, overseas demand is gradually weakening, expected short-term overseas tungsten City or temporarily maintain steady trend.


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