On August 21, Tungsten Iron Wait-and-see Sentiment Strong, Tungsten Iron Few New Order

Although the tungsten market demand has not been improved,as the drawing near of gold nine steps, tungsten products inquiry a slight increase in raw material market, grocers rised mentality more rich. Tungsten market starts are still down,at the same time, iron smelting factory offers a similar price. But manufacturer received that new orders are very few,neither the actual deal this week.

Reported 70 tungsten iron range offer 171,000-175,000 yuan/ton, and gradually to clinch a deal in lower price; 80 tungsten iron offer near 185,000 yuan/ton, which clinch less deal.The overseas merchants ask more, but volume is still small.

It is expected at the end of August, according to the analysis of tungsten iron market or continue to quiet, markets wait-and-see sentiment strong, but with the end of the summer break, overseas overseas enquiries or slightly increase.

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