Tungsten carbide powder market in North America is currently weak market stability maintenance , WC 99.7% min price of $ 55-60 / kg contraband hair that has fallen below 60 U.S. dollars / kg , low price of $ 53-57 / kg. Thinly traded market in recent weeks . Due to the slow economic recovery , there is no signs of recovery in downstream demand , consumption did not increase, North American Tungsten prices are still a downward trend .
By the end of March a U.S. High Air Pressure Drill Bits WC 99.7% to $ 53 traders / kg of contraband sent to the price Sandvik Drilling Tools of shipping two tons , down about $ 2 over the last / kg. He dth drill bits mentioned that the number of students increased by a marginal impact on the vendor market . He believes that the main reason is that prices began to decline slightly : too many producers and traders holding large stocks on the market , but demand was steady , but the fierce competition among suppliers .
The carbide bar stock Blog: https://terencewil.exblog.jp/
Tungsten market: With the publication of guidance, powder prices fell again frustrated tungsten business confidence, enthusiasm weaker operating tungsten concentrate smelter stopped production increase, scrap tungsten steel traders wait and see, so ferrotungsten manufacturers offer a substantial reduction, profits shrink, scrap tungsten steel prices fell again, the spot market transactions better than last weekend, bar, CNC blade, milling and other markets is still some demand, it is expected to scrap tungsten steel prices sharply lower blocked, or remain relatively stable in the short term .
Molybdenum market: molybdenum concentrate dth drill bits trend does not change the downward trend always, difficult to alleviate the short-term supply and demand, the pace of Sandvik Drilling Tools domestic and foreign new mining enterprises were put into operation step by step, the industry always vigilant, to do more cautious, mainly to wait and see.
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Analysis of latest tungsten market from Chinatungsten Online
Chinese ammonium paratungstate(APT) and cesium tungsten bronze prices maintain stability on tungsten carbide burrs blank deadlocked supply and demand in the market. With more and more companies coming back to work, the supply of spot goods increases, but due to high production costs and limited inventories, most sellers still are reluctant tungsten carbide strips to sell at low prices.
Global economic growth will probably be checked in the near term as the coronavirus outbreak disrupts the flow of goods and services in China. Tungsten consumption is closely correlated to global GDP, especially in China, which consumes half of the metal produced. Since the outbreak, travel restrictions and curbs on the flow of goods have lowered expectations for global economic growth. The weaker GDP growth may hit tungsten demand this year.
Prices of tungsten products on Mar. 6, 2020
Picture of violet tungsten oxide
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The tungsten carbide strip Blog: https://lorimatt.exblog.jp/Due to the recent economic slowdown in China, the global tungsten market may be hindered because China has the largest market share in tungsten mining. The use of tungsten is expected to decline in lighting applications due to the introduction of fluorescent lamps and LED bulbs that replace incandescent bulbs.
Ultra-thick and medium tungsten powders are used for wear and mold parts, road construction tenders. Fine tungsten carbide powder is used for inserts and cutting tools. It is expected that the global tungsten market will grow at a compound annual growth rate with a considerable number of units in the future. The global tungsten market has its ground tungsten carbide rods consumption in the areas of steel alloys, rolled steel products, cemented carbides and chemicals. China is a major supplier of tungsten and has the largest market share in the global tungsten market in terms of consumption and supply.
The global tungsten market is divided into seven regions, namely North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. The Asia-Pacific region dominates the global tungsten market, and China remains the world's leader in the supply and consumption of tungsten because of its vast reserves and the government's support for the industry. India will maintain modest growth in the global tungsten market as manufacturing expands. North America will contribute to the growing global tungsten market as construction spending in the region increases. Growth in the durable goods industry in Latin America will result in above-average growth in the global tungsten market. Europe's expanding automotive industry has made it a valuable market for the global tungsten market. The Middle East and Africa are in the early stages of the tungsten market, but is having a bright future.
The US Army seeking potential tungsten carbide plants for its new 120mm mortars and 6.8mm projectiles production according to the US military website "Defence Blog" reported on 10th July. The US Army is conducting a market investigation to find a manufacturer to produce large-caliber new 120mm mortars. It also announced a draft tender specification for new 6.8×43mm projectiles, attracting vendors participating in the bidding.
Both projects are under the responsibility of the United States Army Contracting Command (ACC). The US Army hopes to find out all the domestic manufacturers that can create 120mm mortars in active service and find the most "good and cheap" tungsten carbide strips mortars through bidding. They plan to purchase 200 units 120mm mortar in 5 years.
According to the report, the US Army is expected to purchase approximately 200 complete 120mm mortars in five years, including the car version M121 on the standard M120A1 and Stryker M1129 guns, which should be delivered in FY 2021.
The new 6.8mm ammunition procurement case is in cooperation with the Combat Capabilities Development Command of the Army Futures Command (AFC) under the Picatinny Arsenal in New Jersey. CCDC has announced the new 6.8mm ammunition draft tender specifications. It uses the 5.56mm M855A1 Enhanced Performance Round (EPR) currently in service with the US military as a reference standard to detail the production capacity, manufacturing cost, mass production progress and high-hardness metal processing of tungsten carbide (piercing armor core material). The US Army may add additional requirements during the production process.
The 6.8mm ammunition will be equipped with a new generation Tungsten Cemented Carbide of rifle tests. It has been greatly improved its power and range and has been adopted by some special operations forces as well as law enforcement units around the world. The ACC said that 6.8mm ammunition will be tested with the US Army's next-generation standard rifle. It is expected to US Army will purchase between 50,000 and 100,000 units new 6.8mm projectiles with a standard production period of approximately 12 to 15 months.
The United States Army’s 120mm mortar is derived from the Israeli K6 mortar. It is powerful, simple and reliable. It is one of the most important support firepower for grassroots infantry in the battle.
The US Army’s testing of the next generation of 120mm mortars and 6.8mm projectiles is in full swing, but recruiting tungsten Tungsten Weights carbide plants and how to persuade United States Congress to pass this budget will be a problem.
