Tungsten products prices dropped significantly, with the weakening of business mentality

Tungsten products prices dropped significantly. At present, tungsten powder and tungsten carbide market the actual transaction price of mainstream concentrated in between 253-255 yuan /kg, fell 2-3 yuan /kg. Because Ganzhou tungsten co guidance price cut, tungsten, business mentality also weakened, powder market high price cut, price closer to the low.

Steelmaking with the price dropped to 275 yuan /kg, high pure tungsten bar 295 yuan /kg, fell 3-5 yuan. Tungsten electrode polished rod price has remained around 405 yuan /kg. Powder manufactured goods prices fell, prices have to fall. Expected short-term tungsten products prices or will continue weakening trend.


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