The Price of Tungsten Scrap Continues to Be Steady, the Demand Is Acceptable

Tungsten steel scrap price is in strong stability, and market demand is acceptable which support businessmen in mentalityg, but there are increasingly high price trend. In recent days, current mainstream focused on waste tungsten bit no tax price 189-190 yuan/kg, domestic waste tungsten blades, 169-170 yuan/kg, imported waste tungsten blades and waste wire drawing die is still concentrated in between 179-180 yuan/kg.

Waste tungsten material price is temporarily stabilized,the purchasing price of grinding material W content 30 to 40 degrees is concentrated in the 1.45 1.5 yuan/degree, 50-70 focused on the 1.55 1.65 yuan/degrees, over 70 degrees concentrated in the 1.65 to 1.71 yuan/degree. In September, guided price of tungsten concentrate is going to be introduced, and businessmen offer large dimensional stability in recent days. Combined with early market funds less pressure, waste tungsten merchants had no intention of pricing, trading volume was no obvious improvement. In short-term waste tungsten market is expected to continue to hold steady.

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