tungsten scrap market was steady on the sidelines, despite the weakening of the business mentality
- Category: Tungsten’s News
- Published on Thursday, 24 July 2014 13:58
Mainstream waste tungsten market remains steady sidelines, despite the weakening of the business mentality, but the price is not strong willingness mostly, of course, no lack of tension in the business part of the funds cheap shipping. Expected in July and August, tungsten City or weaker overall market run, tungsten scrap prices also fell slightly possible.
Tungsten scrap market continues to hold steady on the sidelines. Currently waste tungsten drill mainstream transaction price excluding tax is still concentrated in the 188-190 yuan / kg, domestic waste tungsten blade 169-171 yuan / kg, imported blade 179-181 yuan / kg. 30-40 degrees grinding tungsten scrap material concentrated near the trading price of 1.6 yuan / kWh, 50-70 degrees concentrated in the vicinity of 1.76 yuan / kWh, more than 70 degrees centered around 1.85 yuan / kWh, but the individual businesses that 1.72 yuan / kWh you can receive 80 degrees sources.
Overseas tungsten City steadily. 23 evening MB ferrotungsten Rotterdam quote 41.5-42.5 U.S. dollars / kg tungsten, steady. Paratungstate Europe quoted 360-370 U.S. dollars / metric ton, steady, Hong Kong offer $ 361-370 / t degrees, low, dropping $ 4. As the European market into the summer break season, very weak overseas demand, the overall turnover deserted, expected short-term overseas tungsten City or continue weakening trend.
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