April 09, 2021

Smelter home gradually discontinued, reducing demand tungsten City

With the Spring Festival approaching, tungsten smelter home gradually discontinued, the city needs to reduce tungsten, tungsten concentrate on the procurement of raw materials have also been reduced, and no ore prices rose, but due to the difficulty of improving the procurement was up slightly, reducing the low offer, become more mainstream in recent range highs.

Tungsten iron smelter home this weekend will be halted, Jiang W in late January has stopped the production of dth drill pipe ferro-tungsten, tungsten, iron smelters other small home earlier been discontinued; Hunan also plans to create a large six-week shutdown, which is home tungsten iron smelter before the Spring Festival last shutdown of a factory, but in Hunan, a large New Year's Eve orders to continue, year after delivery.

Since the early raw edged tungsten concentrate prices, combined with tungsten concentrate currently hold stocks continued to be reluctant to sell, raw material procurement difficulties tungsten concentrate, tungsten, iron production costs led to an increase in factory orders continue to offer relatively little by the end of January was up, but the market demand for light, mainstream price volatility is not significant, stabilize the main.

Downstream powder, alloy manufacturers, such as the demand for APT also been reduced, reduced market activity, the actual turnover is rare, APT price adjustment lack of motivation, in mid-February the maintenance of stability in the market mainstream APT 130,000 rock drill bits yuan / ton. Before the Spring Festival City activity continued low tungsten, tungsten mainstream market stability maintenance; Year Ten, the tungsten market businesses are coming back, but mostly watching the opening years of the beginning of the operation or still cautious before the Lantern Festival is still a large tungsten market volatility.


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