[Ferro-Alloys.com] Shanghai steel futures closed higher on Thursday, boosted by hopes of more stimulus by China to support its economy impacted by the coronavirus outbreak, although gains were capped on caution over the country’s record-high inventories.
[Ferro-Alloys.com]Solid demand in Japan and China likely to keep rally going
Spot prices for a tungsten precursor were up 7% in mid-December from the previous month as production has fallen in China, which accounts for 80% of global output.
[Ferro-Alloys.com]Some planters and drills provide opener scrapers to keep soil buildup and residue from damaging the disks while seeding. Other drills come without scrapers and rely on seed boots and gauge wheels to do the scraping work. But mud buildup on ga...
[Ferro-Alloys.com]Chinese consumption has continued to grow in the face of contracting markets in the rest of the world. The country's tungsten use increased by nearly 8%py between 2008 and 2016, but it was the only main consuming country to record growth, wit...
[Ferro-Alloys.com] Growing end use industries such as automotive industries and increase in the demand of wear resistant materials is anticipated to boost the market of cemented carbide and ultimately will drive the global tungsten market.
[Ferro-Alloys.com]Digital invoicing firm Tungsten announced late last year that it would be divesting its bank, which it had acquired only months prior. Now, nearly a year later, the FinTech company has announced a buyer.