Tungsten Market March 11, 2013 Information: Slight Decrease in Atmosphere and Stabilization in Quotes

Core Tips: domestic tungsten ore quotes stabilized, the shipment will increases and most of department of tungsten mainly stabilized in short term.

Domestic tungsten ore quotes stabilized, the shipment will increases, some high-priced may be up to 1.6 yuan / kWh.Sodium tungstate market demand improved slightly, waste tungsten steel prices continue to increasing ,the prices of domestic blade even reached 175 yuan / kg. The atmosphere of tungsten market declined slightly, and manufacturers around watching again. In the case of lack of a large number of transactions support, most of department of tungsten mainly stabilized in short term. Macro aspects ,the scale of social financing in February year-on-year increase was 78.7%,February CPI rose 3.2%, the possibility of monetary tightening increased.February unemployment rate hit the lowest in the past four years and the U.S. job market continues to improve.

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