In recent years, the rising momentum of tungsten concentrate price suffered a lot in 2012. In the whole year of 2012, prices of tungsten products reduced.
The sales volume of tungsten products also reduced, which has brought harmful effect to the profitability and the scale of development of the tungsten industry. Due to lacking of importance to the fluctuation of the price and lacking of study, thus resulting in a lot of tungsten processing enterprises, tungsten trading companies have no practical way to avoid risks;
The price of tungsten concentrate is high, which occupies more and more capital of the enterprises and reduces the capital use efficiency of enterprises, increases the business risk of enterprises and seriously impacts the profitability of companies. In the end, it will cause damage to the healthy development of tungsten and tungsten industry. Therefore, It is necessary to make detailed analysis and keep track of prices of the tungsten raw meterials.
With the reducing demand of hard alloy, special steel and other products, prices of tungsten raw materials were compressed and the price of tungsten concentrate fluctuated in high level. The profitability of manufacturers who produce APT, tungsten powder, tungsten carbide powder, tungsten rod and hard metal declined sharply and the business environment was becoming worse. So it is the priority among priorities to find a positive and safe development road for manufacturers and tungsten industry.
The cemented carbide market is gradually becoming prosperity. At the same time, many enterprises need to give a clear positioning for themselves to direct the future development of enterprises.
Tungsten and molybdenum manufacturer-Zhengzhou Sanhui Co., Ltd has been dealing in refractory matal for over 24 years. You can benefit from our professional producing technics, attentive services and quality products. Contact us today.
