Tungsten iron smelter offer strong, market volume was light

With the guidance prices continued to weaken, tungsten, iron manufacturers offer continue as a going strong, mainly due to the difficult market capital returns, the purchase price of raw materials is difficult to drop, environmental pressures increase. Downstream inquiry continued negative market volume was light, the actual transaction price is still slightly Yindie compared to last week, especially in the low turnover increased slightly.

It is understood now 70 ferrotungsten tax offer focused 17.1-17.5 yuan / ton, the existence of a higher offer 176,000 yuan / ton, but the actual turnover hovering at 17-17.2 yuan / ton.


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