Tungsten City Enters Low Season
Tungsten market demand has not seen any significant improvement, downstream demand continues to be weak, and the market is waiting to see a strong atmosphere. As the temperature gradually rises, the tungsten market is gradually entering a low season. Tungsten mines are shutting down. The production enthusiasm of tungsten smelters such as ferro-tungsten has decreased. At present, the operating rate of ferro-tungsten smelters is only about 20%. It is expected that the current price of tungsten series may not stop. The downtrend is stable, and there may still be downside risks in the later period.