Tungsten market weakness stabilization powder manufacturers lower offer

Tungsten market: tungsten demand yet to see positive factors, tungsten prices edged up in June or dashed expectations, business confidence weakened further tungsten, tungsten ore high offer reduced powder smelter home slightly lower offer, short-term tungsten market is still steady weak consolidation maintenance of stability. In order to avoid risks, tungsten scrap purchasing large traders to lower prices, resulting in a relatively low range last week, slightly lower; however downstream alloy manufacturers purchase less but little change in the purchase price is expected to scrap tungsten steel market stabilized temporarily vulnerable.

Molybdenum market: ferromolybdenum market is still weaker run, manufacturers pessimism heavier, lower back section mills generally slower. Molybdenum concentrate market volume was light, although less widespread mining stocks, but it faces cost pressures, advance booking is more prevalent.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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