On On 20 August , Tungsten Market Early Guidance

Tungsten market demand continues to weaken, and tungsten smelting have to continue to cut offer, tentative order to get success. But the volume is still scarce, demand has been slow to impress,which expected short-term domestic market is still weakening operation.
 
Macro aspect, northeast China reported national 35, some provinces and cities are expected to issue bonds; Ministry of the second batch will eliminate 3 million tons of steel capacity; 6.7 trillion involved, more than 20 provinces and cities designated state-owned assets reform roadmap.

 

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