Long-term price of tungsten lower, businesses lack confidence

Since tungsten overall demand continues to slump, long-term price of tungsten lower, less tungsten ore mining and business confidence, the recent increase in tungsten ore smelter shutdown home, holding the goods very price conscious enhancement, material or ore price recently stabilized stabilized therefore.

Macro level, China and South Korea signed an FTA, over 90% of goods zero tariff; one hundred billion PPP project to support the market steady growth, water conservancy construction full speed; PMI continued to pick up, policy support care still force.


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Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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