Tungsten market demand has not improved, the market wait-and-see atmosphere thickening
- Details
- Category: Tungsten's News
- Published on Tuesday, 26 August 2014 16:45
Tungsten market: this week the tungsten demand not obviously improved, although the downstream APT smelting enterprises sustained inquiry, but the price is lower than the shippers expectations, buyers and sellers are not a sign of weakness, the overall market volume was light, tungsten powder and tungsten carbide market price disorder situation slightly improved, high price difference narrowed significantly, although the current transaction performance is still the poor, but because of tungsten concentrate prices bottomed, powder businesses also unwilling to continue to cut prices, the market atmosphere of wait-and-see thickening. The demand of sodium tungstate market downturn, turnover difficulties, manufacturers still production, is expected to market steady operation.
Molybdenum market: at the end of many steel mills have started bidding on molybdenum products, but the tender results have not been announced, participants cautious wait-and-see. The existing demand conditions, merchants trading situation is weak, the market outlook is expected to not too optimistic. Expected short-term molybdenum, or temporary stability.
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