Tungsten & Sapphire Growth Furnace Price

Ammonium Paratungstate (APT) Prices Likely to Rise in 2013; Friction Remains between Europe and Asia

Details: Category: Tungsten's News; Published on Monday, 17 December 2012 16:00; Hits: 3667

Ammonium paratungstate (APT) prices should begin to rise in 2013, which is noted by Brian Wesson, ceo and president of tungsten junior miner Woulfe Mining.

There has been mounting tension between some sellers in Europe and China, as the only concluded business has been coming into Europe at lower and lower numbers, while Chinese market participants have begun refusing to sell below about $340.00/mtu. APT prices from mainstream website currently stands at $280.00-310.00/mtu, after weeks of almost non-existent trading, in which only small parcels were sold.
“The long-term price will be about $300.00-330.00/mtu. We will see it getting higher,” Wesson said.
“It backed off mostly because of a bit of softening in China, but everybody believes China will move back into a big growth phase,” he added.
Tungsten prices, in general, have been resilient during the most recent financial crisis, according to Wesson, as the material has remained in relatively high demand from the steelmaking industry.
However, the market has been particularly illiquid in recent months, as buyers hold back on macroeconomic uncertainty, exports from China diminish, and sellers wait for some improvement.
“[China] put an export tax on it and with most business coming out of China, that made it very, very difficult,” Wesson said.
“They’ve been using more and more [APT], and I think they’re going to become a net importer of tungsten. That leaves a big gap in the Western world,” he added.
This gap should be supportive of prices, furthermore, as a lack of supply will allow sellers in Europe to push levels up.
“We still believe the outlook for tungsten is very strong. [There was a report] that gave us a prediction for $390.00/mtu. If you don’t have tungsten, you can’t [replace it],” Wesson said.
“There has been a lot of friction in the market,” he added. “But people still used tungsten when we had the financial crisis and the price was quite steady.”
Wesson is also expecting stimulus in China, coupled with structural issues at tungsten mines, to be supportive of the price.
Furthermore, excluding Woulfe Mining, which will begin production in about 12 months, there is very little new supply coming on-stream.
“There are very few new players [apart from us]. We’re ready to start mining ore – we just need to build the processing plant,” Wesson said.
In the meantime, however, the friction between participants in China and Europe is likely to continue until the first quarter of next year and possibly beyond, as new business has yet to be concluded at levels above Metal Bulletin’s range.

Cost Effective Tungsten Alloy for Protection against X-rays and Gamma Radiation

Details: Category: Tungsten's News; Published on Monday, 17 December 2012 15:45; Hits: 3242

Whether in the world of medical or industrial X-ray technology, radiotherapy or nuclear power stations: Wherever high-energy radiation is used, it is vital to protect people against it.

The denser the material, the better able it is to protect from radiation. That is why heavy elements absorb X-rays and gamma radiation particularly well. Lead is still the most frequently used shielding material. Because it is a very soft material, it is mostly used only in combination with support structures made of steel. DENSIMET container

Tungsten Carbide Recycling Plant is Going to Built in United States

Details: Category: Tungsten's News; Published on Monday, 17 December 2012 15:13; Hits: 3269

The industrial services firm Kennametal Inc., Latrobe, Pa., says it has begun researching the possibility of building a tungsten carbide recycling facility in the United States and is looking at possible locations for the proposed plant. If built, the facility would serve Kennametal markets on a global basis.

Tungsten carbide rings is the new black -- surprise him with a strong gift

Details: Category: Tungsten's News; Published on Monday, 17 December 2012 15:19; Hits: 2912

With the holidays here, it will soon be time to start the challenging process of finding the perfect gift for the man in your life. Why not a gift that captures your special guys' strength and power, with a bold sense of adventure?

If you miss Christmas, something surprising in the New Year would also be welcome.

In the past, typically men's rings were made from the same material that women's rings were made from. Gold, silver and platinum were all great options for men. However, changes in taste and lifestyle have brought other materials for mens' rings to the forefront, chiefly among them tungsten carbide rings.

Tungsten carbide has been to space, is used in industry and has applications in the aerospace and military arenas, making it that much more desirable for the modern male to have on his finger. They have a futuristic aura. For the man in your life lucky enough to receive one from you, it gives him unique freedom to express his individuality.

Tungsten is a very hard, dense metal, possessing the highest melting point of all metals - 6,100 degrees Fahrenheit. However, by itself tungsten is very susceptible to scratching and other damage. When combined with a carbon alloy, it gains a hardness of 8.5 to 9.5 on the Mohs scale, making it optimal for use in industry as well.

Due to their extreme hardness and always polished appearance, tungsten carbide rings make a great gift for the man in your life. Because of their hardness, the ring will never be scratched. And unlike titanium rings, which are also hot on the men's jewelry market now, a tungsten carbide ring cannot be bent out of shape.

One drawback to all this damage resistance, however, in that tungsten carbide rings are almost impossible to resize. For this reason, if the ring is to be a gift, make sure you select the right size.

When selecting a tungsten ring for the man on your list, make sure to select a cobalt-free ring. Some cheaper tungsten carbide rings use this alloy in the production process. Cobalt can be combined with tungsten much easier, making for a cheaper production process. However, the cobalt can react with the oils in your skin and develop permanent oxidation damage that cannot be removed.

For a gift as strong and powerful as the special man you are selecting it for - tungsten carbide stands the test of time.

The Transaction Volume of Tungsten Concentrate Market is not Satisfied

Details: Category: Tungsten's News; Published on Friday, 14 December 2012 17:55; Hits: 2800

Tungsten concentrate price is cooling down today. Some traders are going to do settlement at the end of 2012, so the fund pressure becomes obviously. In order to solve this problem, traders only choose to reduce their offers to increase order. Currently, 65% tungsten concentrate price based in Ganzhou could reach ￥115,000.00-119,000.00/mt. 60% Scheelite concentrate price based in Hunan focus on ￥114,000.00/mt.

However, some tungsten concentrate suppliers are not confidence with later tungsten concentrate market while traders try to suppress the price. It is understood that the demand of end users is seriously insufficient and the purchasing cost of downstream products is high. Many traders cannot consume their products in time which directly affect the market of raw market. Although tungsten concentrate suppliers have reduced their prices, it is not attractive for buyers enough. Insiders expect that tungsten concentrate price is going to cool down, the real transaction price would centralize on ￥116,000.00-118,000.00/mt