Waste tungsten expected to continue to fall, holding cargo ship strong

Waste tungsten overall pessimistic market sentiment, holding cargo ship strong, but not to force the downstream demand, the overall turnover in the doldrums, an endless stream of low-cost resources, the market is difficult to climb. Month institution guided forthcoming, currently miner more steady on the sidelines, but more likely guided down, so scrap tungsten market or continue partial run.

Tungsten scrap prices continue to fall. Currently scrap tungsten drill mainstream transaction price excluding tax concentrated in the 165-172 yuan / kg, imported scrap tungsten blades and drawing dies 160-164 yuan / kg, domestic waste tungsten blade 150-153 yuan / kg, transient stability. 70 degrees above the grinding tungsten scrap material 1.5-1.55 yuan / kWh, 50-70 degrees 1.45-1.5 yuan / kWh, 30-40 degrees 1.3-1.35 yuan / kWh, down about 0.05 yuan.


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