According to the transaction reports, we will talk about tungsten investment value. For the future demand growth for tungsten, hard alloy is still the best field.
Specifically explain in what fields the hard alloy is used?
Hard alloy has three major application areas, the first is the tool used for industrial processing, the second is drilling well used in the exploitation of mines and oil fields. The third is commonly used wear-resistant parts in the industry.
Hard alloy or in other aspects, in addition to the hard alloy, what demand growth space is large in tungsten downstream?
Other areas including: the special steel in which tungsten is used as additives; in some chemical fields, tungsten is also applied as additive or catalyst. Besides tungsten can be used to produce hard alloy, tungsten can also be made into alloy with other metals and these alloys are used in many work materials; Another is tungsten wire and tungsten materials used in lighting field. Cemented carbide field is still the best in the future demand growth, because the Chinese machining tool gradually goes to the high-end stage. As for other tungsten areas, will maintain steady growth of synchronization with the national economic growth.
What is the current development situation of China's tungsten industry?
The so-called high-end refers to the advanced terminal finished tools will become popular among consumers.
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