Tungsten News

Quotes temporarily stable tungsten products sidelines, powder price continue to fall

Published on 05 November 2014

Tungsten Products sidelines temporarily stable prices, the market continued to fall due to the powder, and tungsten products sluggish downstream demand, so businesses do not intend price, quote temporarily remain intact. Currently tungsten steel offer 260 yuan / kg, high-purity tungsten 290 yuan / kg, waiting for the market introduction of changes after the guide price. Expected short-term tungsten products market continues steady weakening trend.

Tungsten powder and tungsten carbide prices continue to fall, the current business offer has been as low as 238 yuan / kg, the actual price or less, have been consistent with the regeneration of tungsten prices. Market sentiment is very pessimistic, most businesses have been reluctant transactions with quotes, the overall turnover in the doldrums.

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Tungsten Carbide Cutting Tool R & D Production Base Construction (II)

Category: Tungsten's News

Published on 04 November 2014

III. Tungsten carbide cutting tool innovation

The cutting tool innovation is the most important factor for promoting cutting technology and improving cutting efficiency. Modern innovation is this area lies in three aspects as follows:

(1) Material grade innovation

It accounts for a large proportion among the cutting tool innovations nowadays. Some large enterprises abroad with the capability to develop and produce tungsten carbide and other super-hard materials will provide many new cutting tool material grades every year to attraction attentions on their new products. They are developed according to the characteristics and requirements in some specific areas and are given the related advantages to improve machining efficiency by over 20%.

(2) Tungsten carbide cutting tool coating innovation

Coating technology innovation not only contributes to the cutting efficiency improvement of the cutting tools, but also to the better and faster innovation of the cutting tool coating grades. However, China up to now still lacks the capability to do its own development towards coating equipment and technology. Therefore, to strive to develop cutting tool coating technology is of utmost urgency.

(3) Tungsten carbide cutting tool structure innovation

The innovation towards cutting tool structure not only improves the cutting tool property, but also has great effect on the development of cutting tool varieties sometimes. For example, the milling cutter structure that can do slope milling significantly expands the functions of milling cutters and reduces the blade replacing times. Also, its structure characteristics have been applied in milling cutters of different kinds, which promote the development of milling processing and milling cutters. The emergence of every type of new cutting tool can attract great attention from the whole industry and help the rapid application among it, which is good for the richness of cutting tool varieties and the improvement of cutting tool properties. A large number of tungsten carbide cutting tool enterprises in China only produce cutting tools without putting a bit of efforts on cutting tool materials development and production, thus much more importance should be attached to cutting tool structure innovation in the future.

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Tungsten Carbide Cutting Tool R & D Production Base Construction (I)

Category: Tungsten's News

Published on 04 November 2014

Tungsten carbide cutting tool, as a kind of high-performance and super-hard cutting tool, has made great contribution to the development of manufacturing industry in China. However, in view of the great demands from the manufacturing industry, there are still some problems that need to be solved by the whole cutting tool industry, which lie in product structure adjustment, industry transformation and tool innovation. Further developments must be achieved in these three aspects to lay a foundation for the further development in both cutting tool industry and manufacturing industry.

I. Product structure adjustment

Nowadays, tungsten carbide material has been in a dominant position among the cutting tool materials. Compared to high-speed steel material, tungsten carbide material is of better properties and higher cutting efficiency. However, tungsten carbide cutting tool production accounts for only 40% of the total amount of cutting tool production in China, which is much lower than that of the industrial developed countries. Without good cutting tool materials, any innovation in cutters and breakthrough in cutting technology would lack material base. To solve this problem fundamentally, the product structure in this industry needs to be adjusted. Therefore, Chinese government needs to help accelerate the construction of the research % development production base of tungsten carbide material and cutting tools.

II. Industry transformation.

In recent years, China’s cutting tool industry has remained a fast growth but with a majority of low-end products. In addition, some cutting tool manufacturers produce inferior products at the cost of environment with cheap labor power. Therefore, industry transformation has to be done without hesitation.

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Tungsten Carbide Cutting Tool Leads Cutting Tool Industry Forward

Category: Tungsten's News

Published on 04 November 2014

Tungsten carbide cutting tool nowadays has represented the future development of cutting tool industry in China. During several export rebate rate adjustments this year, the export rebate rate of tungsten carbide cutting tools has been raised from 5% to 11%, which demonstrates the support from the Chinese government towards tungsten carbide cutting tool industry.

There are two main types of products in the cutting tool market in China currently, i.e. high-speed steel cutting tools and tungsten carbide cutting tools. High-speed steel cutting tools are not encouraged in the industry because it produces low-end products while consuming a great number of resources. However, since there are still great needs from machinery manufacturing industry, and many domestic cutting tool enterprises have not yet transformed their cutting tool manufacturing technology, the majority of cutting tools produced are still high-speed steel cutting tools. At the same, China also exports a great volume of high-speed steel cutting tools, which becomes one of the factors contributing to international trade friction. There once have been boycotts against China from Spain and some South American countries. Therefore, the Tool Branch of Chinese Machine Tool Industry Association has more than once called on the reducing of the export of high-speed steel cutting tools. China’s adjustment towards the export rebate rate of tungsten carbide cutting tools this time will be the best encouragement and support for this industry.

For domestic enterprises, the adjustment means much more than increasing profits. It also gives them confidence to go further in their development. With the support from the country and the confidence of the enterprises, a brighter future can surely be expected in China’s tungsten carbide cutting tool industry.

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Tungsten demand continues to slump, the market overall pessimistic attitude

Category: Tungsten's News

Published on 04 November 2014

Tungsten market: Tungsten City demand continues to slump, due to the guide price to be announced in November, tungsten concentrate prices being weak stability, APT, tungsten powder prices continue to fall, the cash turnover continued light, tungsten scrap prices continue to fall, the overall market sentiment pessimistic, holding the goods will ship strong, but not to force the downstream demand, the overall turnover in the doldrums, low-cost resources endless, difficult market stabilized. Businesses pessimistic attitude, trading and quotation wishes are weak, expected short-term market extended losses tungsten City.

Waste tungsten expected to continue to fall, holding cargo ship strong

Category: Tungsten's News

Published on 04 November 2014

Waste tungsten overall pessimistic market sentiment, holding cargo ship strong, but not to force the downstream demand, the overall turnover in the doldrums, an endless stream of low-cost resources, the market is difficult to climb. Month institution guided forthcoming, currently miner more steady on the sidelines, but more likely guided down, so scrap tungsten market or continue partial run.

Tungsten scrap prices continue to fall. Currently scrap tungsten drill mainstream transaction price excluding tax concentrated in the 165-172 yuan / kg, imported scrap tungsten blades and drawing dies 160-164 yuan / kg, domestic waste tungsten blade 150-153 yuan / kg, transient stability. 70 degrees above the grinding tungsten scrap material 1.5-1.55 yuan / kWh, 50-70 degrees 1.45-1.5 yuan / kWh, 30-40 degrees 1.3-1.35 yuan / kWh, down about 0.05 yuan.

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Tungsten ore price guide will out, watching the market temporarily stable

Category: Tungsten's News

Published on 04 November 2014

Tungsten market trading atmosphere deserted mainstream market stability maintenance operation. Tungsten concentrate prices stabilize, demand continues to slump, and with this weekend's upcoming November guide price this week, or wait for more miners, traded increasingly deadlocked. Wolframite guide price is expected in November fell to 95,000 yuan or / ton down.

It is understood that tungsten ore prices compared with last weekend, no major fluctuations, market liquidity is more supply 55-60 grade and 60 the highest scheelite spot market price is 90,000 yuan / ton, large part of the inquiry are less than 90,000 yuan / ton. Recent multi-tungsten ore prices are expected to continue steady sidelines.

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Tungsten Carbide Cutting Tool Applied in High-end Manufacturing Industry

Category: Tungsten's News

Published on 03 November 2014

Tungsten carbide cutting tool is widely applied in high-end manufacturing industries, and plays a fundamental role in automobile, numerically-controlled machine tool, electronic information, metallurgical machinery and mining machinery industry.

I. Tungsten carbide numerically-controlled blades and sophisticated end mills, taps and reamers used in production lines of automobile air cylinders, etc. are all key cutting tools in automobile parts machining.

II. Because a great number of difficult-to-machine materials like titanium alloy, superalloy, silumin, magnesium alloy, new high-intensity cast steel and non-metallic composite etc. are used in the manufacturing of high-end numerically-controlled machine tools, large aircrafts, ships, manned spacecrafts, etc., all kinds of high-property tungsten carbide cutting tools and sophisticated specialized cutting tools are in urgent need.

III. A great number of high-quality and high-precision miniature tungsten carbide cutting tools are also needed in electronic and information industries and large scale integrated circuit machining.

IV. Key tools in metallurgy, machinery, mining geology, energy and architecture industries etc., such as drilling tools for geological prospecting, architecture and mining, saw blades for stone and wood processing, etc., have greatly improved and thus have higher demands for tungsten carbide cutting tools.

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Tungsten market sentiment strong, tungsten price stability maintenance mainstream temporarily disadvantaged

Category: Tungsten's News

Published on 03 November 2014

Tungsten market: although demand continues to slump, scrap tungsten market sentiment continued pessimism, holding cargo ship strong, low-cost resources on emerging markets, and the prices stabilized stabilized difficult. Tungsten concentrate prices stabilize, demand continues to slump, and with this weekend's upcoming November guide price, resulting in the recent market sentiment is strong, the mainstream price of tungsten temporarily disadvantaged maintenance of stability, this week, or wait for more miners, traded increasingly deadlocked . Expected in November tungsten Association and Minmetals guided or on the basis of October and then down.

Guide price to be announced this week, the tungsten market sentiment strong

Category: Tungsten's News

Published on 03 November 2014

Weekly market calm tungsten, tungsten-based mainstream market stability maintenance operation. Tungsten concentrate prices stabilize, demand continues to slump, and with this weekend's upcoming November guide price this week, or wait for more miners, traded increasingly deadlocked. Wolframite guide price is expected in November fell to 95,000 yuan or / ton down.

It is understood that this morning tungsten ore prices compared with last weekend, no major fluctuations, market liquidity is more supply 55-60 grade, and the highest 60 scheelite spot market price is 90,000 yuan / ton, most inquiries are below 90,000 yuan / ton.

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