WC blank cost increase sharply in early 2017
Author: langfeng Time: 2017-02-22
This year, the price of tungsten rose sharply. In order to meet the domestic tungsten metal consumption, China has recently taken some measures to reduce the export of tungsten. This move has a certain impact on the price of tungsten. A news agency involved in metals and mining estimates that China controls 75 percent of the world's tungsten reserves and supplies 85 percent of tungsten's consumption. The most affection is such as cutting tools, because the carbide accounts for more than half of the total demand for tungsten. As tungsten prices rise, cutting tool suppliers are feeling the price pressure.
These carbide pwoders could be used as grain inhibitor, grain finer.
We insist using high purity raw materials, control strictly in all production process. Meanwhile, the cost keep unchanged in 2017.
It will help all cutting tools manufacturers to cut down the whole cost.
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