Increase the supply of tungsten iron, price continues to fall

This week overall ferrotungsten market demand is low, as Jiang W, Hunan, a large national ranking of these two big manufacturers resume production, increasing tungsten iron shelf, and then as the year draws near the downstream demand continues to slump, leading ferrotungsten prices continue to decline. It is understood that 70 tungsten furnace iron production concentrated in the acceptance offer 160,000 yuan / ton, the actual turnover of less than 160,000 yuan / ton; extrajudicial 70 Tungsten iron furnace mainstream tax turnover has dropped to 150,000 yuan / ton .

According to incomplete statistics, tungsten, iron production this year is expected to be around 4,000 tons, down 410 tons of existing inventory. 2014 W iron smelters mostly home-to-order, not the order to suspend break, a small amount of inventory control.


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