Tungsten Scrap Market Runs Smoothly, But the Mentality of Businessmen Tends to Weak.

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Category: Tungsten's News
Published on Thursday, 18 September 2014 11:18

Tungsten scrap price continues to run smoothly, some offers in Jiangsu and Zhejiang area have been lowered in the range of 1 yuan/ton, basically no high dealing and little low dealing. The mentality of businessmen has weakened. Offers in Hebei province remained steady with no willingness to lower, as tungsten concentrate market is hard to improve in short term, it is expected that tungsten scrap price may fall.

Tungsten scrap market has been weakening. At present, the purchasing price of 30-40 degree W grinding material focused on 1.45 to 1.5 yuan/degree, 50-70 degree was around 1.55 to 1.65 yuan/degree, over 70 degree concentrated in 1.65 to 1.71 yuan/degree. The price of tungsten scrap blade is 169 to 170 yuan/kg in domestic, and imported tungsten scrap blade and scrap wire drawing die is 179 to 180 yuan/kg, the offer of tungsten scrap is still in 189 to 190 yuan/kg.
 
 
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