Ferrotungsten sluggish demand, prices fall again
- Details
- Category: Tungsten's News
- Published on Tuesday, 14 July 2015 14:04
It is understood that most of the domestic manufacturers that ferrotungsten large domestic steel procurement channels, relatively fixed, resulting in most of the manufacturers take the goods channels are sluggish, turnover is very difficult. In addition, due to the poor economic situation in the country as a whole, poor end-market consumption capacity, most of the dwindling number of buyers purchase, resulting in the market's overall trading increasingly bleak.
It has been shown in Rotterdam on Friday night down again ferrotungsten warehouse offer $ 0.25 / kg of tungsten, tungsten iron offer 75% to $ 27.6-28.1 / kg tungsten, European buyers still larger force prices down.
It is understood that due to the foreign market gradually into the summer break, most of the steel production in poor condition, purchase inquiries for ferrotungsten small number of strong efforts to keep the prices down. Thus, Asia ferrotungsten manufacturers to timely payment and low-priced goods to go to compromise deal.
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