Molybdenum prices in China are in a downward trend in light of weakening supports from costs and the stability of steel biddings. International molybdenum prices move lower and this dampens Chinese market. 

The Bavarian company Wolfram Industrie offers a more environmentally friendly alternative as raw materials because lead is highly toxic and not easy to decompose. Triamet, a heavy metal alloy based on tungsten, features high density and high radiation absorption capacity.

Analysis of latest tungsten market from Chinatungsten Online: Tungsten market in China is caught in heavy wait-and-see atmosphere at the end of June and prices maintain stability. Both supply and demand are weak in the whole industry, but as the environmental checks will soon be finished, plus with coming of off season and capital pressure, insiders think that oversupply will dominate tungsten market in July.  

Rare earth price in China maintains stability this week on deadlocked supply and demand and heavy wait-and-see atmosphere. 

Ferro molybdenum price falls slightly while molybdenum oxide and molybdenum powder remain unchanged from the previous trading day. Most European companies will be closed for nearly one month in August, which further reduces the demand for molybdenum products. The low buying interests of traders limits price rise. 

N26, the FinTech bank startup, is upgrading its N26 Metal card, with a launch happening Wednesday (June 13). According to a report in TechCrunch, the card was first announced at TechCrunch Disrupt Berlin in December of 2017 and was available for early access by N26 Black customers. 

The fintech company Acorns was founded in 2014 on a simple idea: For every purchase, why not round up and put those extra few cents in your savings account?

Recently, China's CSNS facility in Dongguan has been put into use, which is not only a major step forward by Chinese scientists, but also a major event in the international scientific community. Among them, the important component of the facility "neutron target station" uses tungsten materials.

Analysis of latest tungsten market from Chinatungsten Online: Tungsten prices in China maintain stability earlier this week due to the uncertain supply-demand side and capital flows at the end of this month. Traders now are reluctant to trade and transaction prices are hard to be raised this week.

The latest price of neodymium oxide declines slightly while cerium oxide and europium oxide maintain stability. The listing prices of Southern Rare Earth edge lower earlier this week, raising manufacturers’ worry.