Tungsten Market volume was light, many businesses wait wait
- Details
- Category: Tungsten's News
- Published on Wednesday, 05 November 2014 14:01
Tungsten market: by funding constraints and inventory pressure dragged the market today continues to run low tungsten, tungsten concentrate market price interval low dropping again, and then thinly traded spot market, many businesses wait wait guided introduction. Tungsten powder and tungsten carbide prices continue to fall, it has been consistent with the regeneration of tungsten prices. Market sentiment is very pessimistic, most businesses have been reluctant transactions with quotes, the overall turnover in the doldrums. Terminal steel demand is also declining, less demand for ferro-tungsten, tungsten iron manufacturers generally take the goods difficult, most manufacturers have cut tungsten iron / discontinued operation.
Molybdenum market: domestic prices of molybdenum products generally maintain calm, although relatively more inquiries, but the turnover is bad. In addition, orders for small manufacturers, foreign take the goods is less than the pre. Intermediate traders operating enthusiasm is not high, so iron-molybdenum steel manufacturers to take the goods based. Expected short-term market low levels.
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