Tungsten Market turnover stalemate, many traders wait and see

Tungsten market: a comprehensive guide price sharply lower in June, once again frustrated tungsten business confidence, enthusiasm weaker operating tungsten concentrate smelter stopped production increase, scrap tungsten steel traders wait and see, so ferrotungsten manufacturers offer a substantial reduction in earnings contraction. A few months before the main downstream manufacturers underemployment, guided very price failed, causing the crash is expected this month, consumption of concentrate inventory. Tungsten spot market transactions deadlocked this week, tungsten products sold or Yindie.

 
Molybdenum market: raw material market inquiry were scarce, due to financial pressures and lower demand pincer attack, there is still downward pressure on market prices. Molybdenum market and processing areas of production decline, the downstream consumption is too slow. Expected short-term market weak die hard.


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

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