Tungsten News

Tungsten News
Zhangyuan Tungsten Industry’s Net Profit Rose by More Than 20% in 2024 91

Recently, Zhangyuan Tungsten Industry released a report stating that the company achieved operating revenue of 3.673 billion yuan in 2024, a year-on-year increase of 8.02%; operating profit of 224 million yuan, up 27.89% year-on-year; net profit attributable to the parent company of 177 million yuan, up 23.25% year-on-year; non-GAAP net profit of 185 million yuan, up 36.41% year-on-year; and basic earnings per share of 0.15 yuan, up 25.00% year-on-year. By the end of the reporting period, total assets reached 4.95…

Tungsten News
[Know Molybdenum] High-Performance 0.2mm Molybdenum Strip: Stability, Conductivity, and Industrial Applications 482

The 0.2mm thick molybdenum strip is a high-purity, high-performance metal material with excellent high-temperature resistance, oxidation resistance, and mechanical strength. It remains stable in high-temperature environments, resisting deformation and melting. Its outstanding electrical and thermal conductivity make it an ideal material for semiconductors, electron vacuum devices, and high-temperature heating elements. Its precise thickness and dimensions ensure processing stability and consistency, making it suitable for precision stamping, welding, and coating processes to meet the needs of various industrial applications.

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[Know Molybdenum] Why Choose Molybdenum Electrodes for Stable Glass Melting 90

The glass melting molybdenum electrode has excellent high-temperature resistance and oxidation resistance, allowing it to operate stably in high-temperature molten environments. This ensures the stability of the arc and the melting effect during the glass melting process. Due to the good thermal conductivity and high melting point of molybdenum, the electrode demonstrates exceptional durability in high-temperature conditions, significantly extending its service life and reducing replacement frequency, thereby lowering production costs. The glass melting molybdenum electrode is an ideal choice for…

Tungsten News
[Know Tungsten] WL20 Lanthanum Tungsten Electrode: The Key to Precision and Stability in Welding 85

The Lanthanum Tungsten Electrode (WL20) is a high-performance tungsten alloy electrode, primarily composed of tungsten and a small amount of lanthanum. It offers excellent arc stability and a long service life. The WL20 electrode is particularly suitable for high-precision welding processes such as TIG welding, where it can maintain a stable arc in high-temperature environments, delivering precise welding results. It is widely used in industries such as aerospace, automotive manufacturing, shipbuilding, and nuclear energy, making it one of the most…

Tungsten News
[Know Tungsten] What Industrial Sectors Are Tungsten Plates Suitable For? 76

The tungsten plate is made from high-purity tungsten material, offering excellent high-temperature resistance and corrosion resistance. With precise dimensions and stable quality, it is highly suitable for demanding industrial sectors, including aerospace, electronics, nuclear energy, and more. Even in extreme temperatures and harsh environments, tungsten plates maintain outstanding mechanical properties and reliability, making it an indispensable material in modern technology and manufacturing. With its exceptional wear resistance and thermal conductivity, the tungsten plate is widely used in various high-tech fields,…

Tungsten News
Molybdenum Market Update – March 5, 2025 112

Molybdenum market update on March 5, 2025 The domestic molybdenum market continues to operate on a generally weak trend, primarily reflected in the slight downward shift in the price center of most products and a lack of confidence among industry participants regarding the future market outlook. Today, the prices of molybdenum concentrate, ferromolybdenum, and molybdenum powder have decreased by approximately 10 yuan/ton-degree, 1,000 yuan/ton, and 5 yuan/kg, respectively. According to China Tungsten Online, despite relatively strong purchasing enthusiasm from steel…

Tungsten News
Rare Earth Market Update – March 5, 2025 79

Rare earth market update on March 5, 2025 The overall center of gravity for domestic rare earth prices has slightly shifted downward, mainly due to the current high price levels of many rare earth products, strong profit-taking sentiment among suppliers, and weaker-than-expected downstream demand. Today, the prices of praseodymium-neodymium oxide, praseodymium-neodymium metal, and dysprosium-iron alloy have dropped by approximately 3,000 yuan/ton, 5,000 yuan/ton, and 40,000 yuan/ton, respectively. Under these circumstances, the market trading atmosphere remains subdued, with a low number…

Tungsten News
Tungsten Powder and Tungsten Waste and Scrap Prices Under Pressure 87

Analysis of latest tungsten market from Chinatungsten Online The overall trend of tungsten prices remains in a stalemate, showing weak stability. The complex international political and economic environment, coupled with sluggish industry demand, continues to exert bearish pressure on market sentiment. Recently, buyers have turned pessimistic, while sellers are cautious about selling, awaiting new quotes from institutions and tungsten companies, as well as signals from the recent National People’s Congress. The price of 65% wolframite concentrate is hovering around $20,140.8/ton.…

Tungsten News
Tungsten Market Faces Evident Supply-Demand Imbalance 111

Analysis of latest tungsten market from Chinatungsten Online Tungsten prices remain stable for now, with no significant updates on the supply side. On the demand side, constrained by the complex international economic environment and foreign trade conditions, market sentiment has been generally weak recently. Due to the limited availability of tungsten ore resources, the market has shown relative resistance to price declines, and negotiations continue with caution. In the tungsten concentrate market, the “tight supply” situation supports a relatively firm…

Tungsten News
Molybdenum Market Update – March 4, 2025 100

Molybdenum market update on March 4, 2025 The domestic molybdenum market is in a mediocre situation. With the intertwined influence of positive and negative factors, traders basically maintain rigid transactions, resulting in a relatively dull trading atmosphere in the market, limited actual trading volume, and a slight lack of confidence among industry players in the future market. From the perspective of positive factors, firstly, steel enterprises still have a moderate enthusiasm for entering the market to bid for ferromolybdenum. According…

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