Tungsten market prices fall, traders wait and see

Tungsten market: Tungsten city needs yet to see a positive factor, but after repeated tungsten price decline has been very close to or exceed the cost, tungsten-based product late to continue down the limited space, powder prices fell, scrap tungsten steel market prices fall again spot market transactions better than last weekend, bar, CNC blade, milling and other markets is still some demand, scrap tungsten steel traders wait and see, expected short-term price of tungsten or low consolidation mainly tungsten concentrate market or There are slightly lower, but does not rule out the possibility of shock consolidation.

Molybdenum market: molybdenum concentrate market trading stalemate, although some mines refused to face losses due to price cuts, but some much-needed funds to the mine Chu Huojia is variable. Coupled with a serious backlog of steel stocks, on the downstream market ferromolybdenum it is difficult to support their formation. Short-term market is expected to continue weakening operation.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
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Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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