Waste of tungsten have no market price declines more fierce

Tungsten steel scrap prices decline increases. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 178-181 yuan / kg, down 5 yuan; imported scrap tungsten blades and drawing dies 170-173 yuan / kg, down 2 yuan; domestic waste tungsten blade 158-160 yuan / kg, down 4 yuan. Most businesses have stopped receiving, overall trading environment is very quiet. Low-cost resources are emerging.

Waste tungsten material prices continue to fall. Currently more than 70 degrees tungsten grinding waste materials concentrated in price between 1.62-1.66 yuan / kWh, 50-70 degrees 1.49-1.62 yuan / kWh, 30-40 degrees grinding material concentrated in the 1.39-1.44 yuan / kWh. At present, the market is still in the down channel tungsten concentrate, scrap market is difficult to improve market confidence continues to fall, is expected to continue to decline in the short-term outlook is still space.


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