Tungsten enterprises have resumed business, most manufacturers did not resume production
- Details
- Category: Tungsten's News
- Published on Saturday, 28 February 2015 14:57
Tungsten market: tungsten enterprises have resumed business, most manufacturers have not yet resumed production, price quotes and more years ago continues, mostly high offer, but is not yet the new deal, the price is still low due to mining, cargo operators reluctant to sell. Recent tungsten market volume is still deadlocked, the price of tungsten concentrate and paratungstate weak lower. Scheelite is expected shortly, paratungstate market or slightly lower, but does not rule out the possibility of shock consolidation.
Molybdenum market: Jiuquan, such as steel mills gradually approach a heavy purchase molybdenum iron foundry part step by step plan issued to cover short positions, molybdenum, iron gradually expanded trade. No new orders molybdenum mine, the majority being delivered after the holiday contract. Short-term market is expected to steady the sidelines.
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