Ferrotungsten turnover is not optimistic, limited factory inventories

This week ferrotungsten market demand continues to slump, the market temporarily steady run, newly signed smelter single hard, take the goods difficult. Market demand is expected ago ferrotungsten or difficult to break, mainly due to: the Spring Festival approaching, the downstream steel industry needs less equipment downtime smelter also began to leave home, tungsten, iron market inquiry less turnover situation is not optimistic. It is understood that the cash price concentrated 15 yuan / ton or less, redemption price at 152,000 yuan / ton.

Tungsten iron prices are expected to decline year may not: on the one hand due to raw material price increases, the cost of support, and cargo operators reluctant to sell raw materials, raw material procurement more difficult; on the other hand this tungsten iron smelters home inventory has been strictly controlled, tungsten iron smelter currently home inventory is not large, open next year in procurement of raw materials more difficult, is estimated to have a new multi-March tungsten produced iron products, tungsten, iron smelters therefore not possible at home before selling cheap tungsten iron.


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Email:  sales@chinatungsten.com
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