Tungsten concentrate market turnover continued light, mine take the goods properly and ore purchase price is higher, the relative cost of mining, now the ore price inversion phenomenon still does not appear, there is a certain profit margin, some businesses in order to ease the financial pressure, shipping also relatively positive. It is understood that 55 degrees is not tax price of tungsten ore hair is 1.4 yuan / degrees, about 60 degrees above 1.42 yuan / kWh.

Strong ore market, in terms of tungsten concentrate smelter home increased raw material costs, profit margins are low tungsten concentrate shipments, partially or even upside down, and therefore reluctant to sell their home smelter darker mood, quotes enthusiasm is not high, on the sidelines more.

Traders, buyers reluctant to purchase high-priced, low-cost seller was unwilling to take the goods, cash has been stuck, turnover continued stalemate, the operation dilemma, traders hold stocks and more recently watching the market for gold, nine silver ten have expectations.


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Tungsten market: Due to continued weakness in demand, low prices, some of the tungsten iron smelters home suspend production, planning and other market conditions improved then. Medium and large tungsten iron smelter home remains started purchasing much for tungsten iron, large manufacturers inventory pressures, cautious traders operate. Scheelite mainstream market to stabilize, but demand remained weak, the specific transaction Yindie phenomenon, the relative decline in the actual transaction 500-1000 yuan / ton, high quotations have also been reduced, expected post-market or down slightly.

Due to continued weakness in demand, low prices, some of the tungsten iron smelters home suspend production, planning and other market conditions improved then. But in a large tungsten iron smelter remains home to start the downstream steel smelting, machinery industry, tungsten, iron recent purchases for small, large manufacturers inventory pressures, cautious traders operate.

Close in July and August the traditional off-season, more sluggish market demand, APT, tungsten, iron, and other manufacturers received fewer inquiries single smelter home price adjustment underpowered, although manufacturers outside offer stabilize, but the actual transaction Yindie and cash payment difficulties , how much cash to pay the current transaction.


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Tungsten market: Scheelite conditions stabilize, the market continued oversupply, applying downward pressure on prices, turnover deadlocked. Ferrotungsten continued weak market demand, volume decreased slightly. APT manufacturers are not enthusiastic to sales quotas, tungsten scrap market weakness stability maintenance, poor demand and price adjustment due to lack of motivation, most traders tungsten scrap funding constraints, operational dilemmas, some traders a small receipt, quickly take the goods, Boli more sales. Due to high-priced stock, and businesses continue watching the market. Short-term market or are expected to continue to stabilize the tungsten scrap.

Maintenance of stability-oriented tungsten market today, Scheelite offer flat, not market demand continues to improve, the transaction price is hovering at a low position, currently traded in 110,000 yuan / ton. Lack of internal demand is expected to support short-term, tungsten concentrate prices up will be blocked, July ore price or less steady decline.

However, both the traditional miners of gold, nine silver ten have great expectations that this year there is a tungsten City certainly gained momentum, most likely in the fourth quarter, thus holding cargo ship will generally not high, wait and see mood strong. Meanwhile, investors also believe that the turning point may have ushered in the late tungsten City, concerns more hot money into the city late tungsten or increased.


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Notable amid the vast array of information and knowledge shared at the 13th Electronic Circuits World Convention in Nuremberg, Germany, was the highly-informative session on advances in drilling and routing, with a focus on the technology of tungsten carbide cutting tools. The session was introduced and moderated by EIPC Technical Director Michael Weinhold.

Growth in applications of high-power LEDs had created an increasing demand for substrates with high thermal conductivity, and resulted in the development of a wide range of insulated metal substrates heavily loaded with ceramic fillers in the dielectric. Consequently, the dielectric layer of these composite laminates tended to be very abrasive, causing rapid wear of conventional tungsten carbide routing cutters. Johann Schmidt of CGT GmbH discussed how diamond coated tools could significantly increase dimensional accuracy and reduce production cost.

Schmidt described a proprietary process for diamond coating of tungsten carbide drills and routers, based on hot-filament chemical vapour deposition. A particular feature of this proprietary coating was that it was built up as a multilayered combination of different crystalline and nano-crystalline layers. Typical coating thickness was 12 microns, although this could be varied depending on tool geometry and diameter. The multilayered structure gave the benefit of resistance to crack propagation, a major limitation of single-layer coatings, and a very smooth surface with low friction and excellent chip-removal characteristics. Hardness of the coating was approximately 9000VPN, compared with about 2100VPN for standard tungsten carbide grades, and coated tools could be used at higher feeds and speeds.

Schmidt showed many comparative examples: On a typical IMS substrate, routing feed could be increased from 4 mm per second to 15mm per second with tool life extended from 7.5 metres to 60 metres. And a coated drill could complete 1,000 hits with no clogging, whereas a conventional drill was clogged with aluminium swarf after only 150 hits.

Diamond-coated tools offered greater dimensional accuracy and cost and productivity benefits from increased production speeds and significantly improved tool life resulting in less machine down-time for tool changing. Clearly, even with the most advanced cutter technology, good tool management, machine maintenance and operating discipline were essential, with minimal spindle run-out, rigid fixturing of the work and powerful vacuum extraction if the best results were to be realised. Some applications, such as using a 2-flute end-mill on IMS, benefited from wet lubrication.


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The Global and Chinese Tungsten Carbide Powder Industry Report 2014 is a professional and in-depth research report on the global tungsten carbide industry with a focus on the Chinese situation. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. Tungsten carbide market analysis is provided for both the international and Chinese domestic situations including development trends, competitive landscape analysis, key regions development status and a comparison analysis between the international and Chinese markets. Development policies and plans are also discussed and manufacturing processes and cost structures analyzed.

Tungsten carbide industry import/export consumption, supply and demand figures and cost price and production value gross margins are also provided. The report focuses on 15 industry players providing information such as company profiles, product picture and specification, capacity production, price, cost, production value and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. Tungsten carbide industry development proposals and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered. With 165 tables and figures the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.


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Tungsten market: tungsten market continued oversupply and weak demand, exert downward pressure on prices, then mine is now reluctant to sell, not cheap shipping, led to the current stalemate market transactions, prices temporarily smooth operation, scrap tungsten steel prices continue to run smoothly, the market weakening turnover from the previous month, the merchant price adjustment underpowered. Scheelite continued strong market sentiment, because tungsten ore and more money in the hands of traders were caught, sell it at a loss, could not move, watching the majority. Expected short-term market or stable tungsten slightly weak.

It is reported that the world's growing demand for tools market. Where Europe, North America and stable growth, especially in Eastern Europe; Asian markets rebounded slightly, the market has great potential, significant growth markets in Latin America, particularly Mexico. Currently the world's cutting tool sales of over 10 billion U.S. dollars, industry developed in Europe, North America, Japan, Australia and the three major market share of 75% to 80%.

In Asia, China is an important market. It is predicted that our tool needs between 70 to 80 billion yuan, of which high-precision, high efficiency, high reliability and modern tools, such as carbide and ceramic superhard tool materials indexable cutting tool consumption is about 12 billion yuan, of which 80% to 85% dependent on imports, the tool used in mold manufacturing imports accounted for more than 90%. In the past year, the tool market has been slow demand growth, mainly due to increased tool life, then there is a user request for the entire manufacturing process to replace a lot of machines and tools. And versatile tool applications increase, a much simpler alternative to the conventional single-function tool. Users will be more emphasis on the future production plant for research and development tool, not only in the field of materials and surface coating technology, but also in the product and its production process tool focusing on aspects of production practices that help to increase the tool manufacturer in the field they are familiar the market competitiveness.


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 It is said that more tungsten will be needed by next year, even as tungsten demand rises steadily at present, the world’s largest non-Chinese tungsten mine will be exhausted then. There is a prediction by analysts that investors should be lining up to fund new mines, not a bit of it.

In this case, a supply shortage could mean much higher prices, leading to handsome profits for those companies that get to market soonest. Actually, tungsten is often called as “rare”, but compared to a minor metal such as rhenium, which is used in super alloys, tungsten market is already around 80,000 tons (80 Kt) per year of tungsten metal content. Therefore, though it may be called “rare” sometimes, however, it is considered as a strategic metal, but not like a rare earth.

 

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