Tungsten City continued weakness in demand, the market volume was light
- Details
- Category: Tungsten's News
- Published on Friday, 18 July 2014 14:17
Tungsten market: Tungsten City continued weakness in demand, tungsten and iron smelter home enthusiasm is not high, further reducing operating rates, especially tungsten iron manufacturers cut more. Tungsten concentrate market continued market downturn, the parties' intention is not large, the market volume was light. Tungsten scrap market is relatively strong, the business mentality is still disagreement, very price and pessimism coexist. Currently the market is still a certain demand, but the poor performance of the overall transaction, expected short-term price or temporarily stabilized.
Molybdenum market: good information around the market to enhance the molybdenum market participants attitude changed, foreign low-cost sellers, more intense price will. Although the volume fails to enlarge, but inquiry increased, while the actual transaction price levels also improved. Molybdenum market or expected short-term steady upward.
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