Tungsten market prices continue to decline, the overall operation of the main production orders

Tungsten market: With the increase of wages, environmental protection and other costs, the cost of production of tungsten products are relatively expensive, but then the market demand continues to slump, difficult to sell on price, smelters and traders profit family are very weak. The Association of tungsten APT, again guided powder weaker business confidence frustrated. This week the price of tungsten or have a small drop. For tungsten, iron manufacturers, the start is still to fully recover, so procurement is still in the doldrums; although the downstream steel prices have been warming trend, but the price of raw materials prices down severely. So ferro-tungsten prices continue to decline, the overall order-based production operations, reduce inventory risk.

 
Molybdenum market: Festival market volume price decline, companies hope dashed expectations rise, the market once again into watching the haze, steel prices continue to depress the tender, yet firm in view of molybdenum concentrate raw material to short-term market adjustment downwards.


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