Tungsten Demand Expanded wih Machine Industry Rebound

According to the Machine Association statistics, the industrial output value of China's machine tool industry is 717.653 billion from January to November 2012, a year-on-year growth of 12.59%; The sales output value is 696.117 billion, a year-on-year growth of 12.34% and the sales rate is 96.99%.From 1 to 11 months, a significant downward trend in the overall machine tool industry sales value this year. Among them, the manufacture of cutting tools, metal cutting machine tool manufacturing industry growth rate fell magnitude larger proportion, a year-on-year growth rate fell 32.5% and 17.59% respectively. Machine tool industry export delivery value of 41.895 billion yuan, a year-on-year growth of 17.14 percent, down 1.86 percentage points compared with the same period last year.

View from the sub-sectors, including the manufacture of metal-cutting machine tools, metal forming machine tool manufacturing industry growth to varying degrees of growth; growth rate of the other sub-sectors have declined, other metal processing machinery manufacturing industry decline by dropped to 18.45% from 44.86%, down 26.41 percent; followed by wood processing machinery manufacturing industry, a larger decline, down 25.89 percent. November 7 products in the machine tool industry, the overall downward trend, CNC metal cutting machine tools the largest decline, down 43.59 percent.

The machine tool industry is one of the important areas of application of the tungsten industry, carbide cutting tools plays an important share in the metal-cutting machine tools, machine tool industry bring good is expected to pick up, the demand for carbide, which is 2013 tungsten City is expected to pick up a flag.

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