City tungsten demand is weak, not enough to support a strong rise in the price of tungsten
- Details
- Category: Tungsten's News
- Published on Monday, 16 March 2015 14:00
Tungsten market: although tungsten market turnover situation slightly improved, Scheelite, tungsten iron, tungsten steel scrap all three-frequent trading, but the whole tungsten demand is still weak in the state, is still insufficient to support a strong rise in the price of tungsten. Domestic production of the mine complex have started shipping, but there are still many small mines shut down the sidelines, traders are reluctant to sell the cargo hold on the sidelines, shelf still more, combined with a slight increase in purchase demand, supported by this ore price was up, expected 3 mid-tungsten prices and stabilize the main dish, or individual products was up.
Molybdenum market: by the molybdenum concentrate hard to pick the lowest spot market and end mills in the double impact of the low price, molybdenum iron business dilemma, many companies delayed return to work, due to the high cost, some businesses do not want to offer reduced. Short-term market is expected to steady operation.
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