Ferrotungsten demand continues to slump, little change in the export market
- Details
- Category: Tungsten's News
- Published on Wednesday, 05 November 2014 13:59
This week tungsten market continued weak demand for end mills has also been reduced, less demand for tungsten, iron, tungsten, iron manufacturers generally take the goods difficult, most manufacturers have cut tungsten iron / discontinued operation. Despite the low operating rate ferrotungsten market, but very poor end demand, the market is still an oversupply of tungsten iron, lack of effective support strong prices this week, the mainstream market quotations ferrotungsten relatively small decline last week.
Last weekend tungsten and molybdenum export quota news, traders mentality ferrotungsten slightly active, but because this year the quota has not been exhausted, the tariff policy in 2015 has not yet been introduced, so the temporary multi ferrotungsten businesses wait and see, temporary changes in export markets not. It is understood that last week 70 ferrotungsten offer mainstream acceptance concentrated in 16.8-16.9 yuan / ton, now 70 ferrotungsten offer mainstream acceptance concentrated in 16.7-16.8 yuan / ton.
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