Powder prices fell, scrap tungsten steel prices fell again

With the guidance of the announcement, powder prices fell, scrap tungsten steel market prices fell again, the spot market transactions better than last weekend, bar, CNC blade, milling and other markets is still some demand, scrap tungsten steel traders wait so ferrotungsten manufacturers offer a substantial reduction, profit contraction. Tungsten steel scrap prices are expected to decline blocked, or vulnerable in the short term maintenance of stability.

Macro level, China again after a lapse of nearly 20 years of housing reform: Corrects re-market light protection; 2025 follow-up policy in China will fall, including tax support and so on; the second batch of local government bonds trillion displacement amount issued.


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