Shenzhen, the Chinese city that accounts for 60 per cent of China’s total annual exports, is witnessing declining demand for tungsten. In 2007, the latest year for which industry data is available, it shipped $23 million worth of tungsten carbide powder and alloy jewelry.
This report focuses on the study of the global tungsten markets. It provides region analysis on tungsten production. It features major tungsten producers, prices, supply and demand conditions, international trade, etc. For full story, click here
It is reported that recent domestic Ferro-tungsten market remains sluggish chaotic quotations continuing and thin deals done. For full story, click here
Tungsten, like all other metals has witnessed a precipitous price drop. Data coming out of China, producers of around 85% of the world’s tungsten, shows that most of the Chinese Ferro-tungsten makers have either shut down or decreased output.
It is reported that recent domestic Ferro-tungsten market remains sluggish chaotic quotations continuing and thin deals done. For full story, click here
China has the richest resource of tungsten in the world. China’s proven reserves of tungsten were 1.8 million tons, accounting for 62% of the world’s total reserves, according to U.S. Geological Bureau data in 2005, For full story, click here
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