Tungsten scrap prices continue to fall, the market pessimistic attitude

Because of tungsten concentrate prices continue to decline, the cost of supporting efforts to scrap tungsten market weakened further, businesses offer a further drop. Quotes bit low transient stability, blade and wire drawing dies continue to fall, the height of the waste material recycling tungsten price is also dropping again. Pessimistic market sentiment, the overall volume is low. Short-term market is expected to more than scrap tungsten will continue weak run.

Waste tungsten market mainstream steady. Currently scrap tungsten drill mainstream transaction price excluding tax concentrated in the 162-165 yuan / kg, transient stability; import scrap tungsten blades and drawing dies 154-158 yuan / kg, down 3 yuan. Domestic scrap tungsten blade 148-151 yuan / kg, down 2 yuan. 70 degrees above the grinding tungsten scrap material 1.45-1.5 yuan / kWh, 50-70 degrees 1.4-1.45 yuan / kWh, down 0.05 yuan. 30-40 degrees 1.3-1.35 yuan / kWh, transient stability.


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