Ferrotungsten market demand downturn, few manufacturers to resume production

Ferrotungsten downstream market demand remained weak, high-speed steel, special materials are rarely smelter recently purchased home, leading manufacturers in recent months ferrotungsten active low, the market overall operating rate. So far, most of the temporary shutdown of small manufacturers currently no willingness to resume production, the small number of large tungsten iron smelter at home are starting to resume production.

Currently 70 mainstream price of tungsten concentrate iron in 16.6-17 yuan / ton (cash - acceptances), 80C ferrotungsten single market exercise less, the price of the mainstream focus on more than 170,000 points. It is understood, Hunan, a large resume production this week, and immediately received a number of orders, the current 70 base ferrotungsten acceptance offer 169,000 yuan / ton. And Hunan and Hubei Lihong, a large tungsten iron trade reached a cooperation agreement, authorized & ldquo; scale tungsten brand & rdquo; 70 #, 80-C # tungsten iron exclusive distributor in Hubei Huangshi area.


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