CARBIDE INSERT,BTA DEEP HOLE DRILLING,TUNGSTEN CARBIDE INSERTS

China Molybdenum Price - December 31, 2020

China molybdenum price remains stable in the last trading day of the year 2020 on December 21 as the market is immersed in a festival atmosphere. In late December, downstream buyers became active in restocking and sellers were will to sell products. Market trading was good. 

In Tungsten Cemented Carbide the short term, market participants will focus on the shipments of molybdenum mining enterprises and steel tenders after the holiday of New Year. 

According to China’s industry statistics, domestic transaction volume of molybdenum concentrates in December was close to 10,000 tons, while the total volume of molybdenum and ferro-molybdenum concentrates exceeded 10,000 tons.

From 2016 to 2019, the added value of China's manufacturing industry increased by 8.7% annually, from 20.95 trillion yuan to 26.92 trillion yuan, accounting for 28.1% of the global share, according to the Ministry of Industry and Information Technology. The scale of the digital economy increased by 16.6% annually, from 226,000. 100 million yuan increased to 35.8 trillion yuan, accounting for 36.2% of GDP.

Prices of molybdenum products on December tungsten carbide bars 31, 2020

Picture of ferro molybdenum

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China Dysprosium Oxide Price

Rare earth market quotation in China: praseodymium oxide, neodymium oxide and dysprosium oxide prices continue nonstandard tungsten carbide rods to be in the upward trend in late November due to good trading atmosphere and good market confidence. 

From the perspective of positive factors, first, the spot circulation of mainstream products is still tight, which stimulates the desire to purchase rare earth separation plants to a certain extent, and in turn play a strong supporting role in the confidence of traders to increase prices; second, the Christmas and Spring Festival is approaching, downstream users’ initiative to enter the market has also increased, which is one of the main reasons for the recent good market conditions; third, the market boom of new energy vehicles, excavators, 3C, and micro motors has increased and demand for rare earth materials also increased.

From the tungsten carbide burrs blank perspective of negative factors, the global epidemic continues to spread, causing Tungsten Weights some overseas manufacturers to cut production and stop production, and international logistics and transportation are stagnant, thus affecting the rate of recovery of the export market. 

This week, Southern Rare Earth’s listing price for gadolinium oxide rose by 30,000 yuan/ton to 176,000 yuan/ton; terbium oxide rose by 500,000 yuan/ton to 5.8 million yuan/ton; holmium oxide rose by 60,000 yuan/ton, up to 505,000 yuan/ton 

Prices of rare earth products on November 25, 2020

Picture of cerium oxide

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Many meters supply all kinds of high

Type of down-the-hole drill bits: The products are divided into two series of down-the-hole drill bits, low-pressure down-the-hole drill bits and high-pressure down-the-hole drill bits. High-pressure down-the-hole drill bits are matched with high-pressure down-the-hole drilling rigs. They are suitable for drilling hard rock formations that require large impact power. The structural characteristics are: fast drilling speed, good powder discharge effect, and better cooling. High wind pressure drill head structure: boss spring tooth type platform type concave platform type.

Tungsten Carbide Plates

150 high wind pressure down-the-hole drill product features:

Long service life of the drill bit: strength ≥2800N , Hardness (HRA)≥92.
◆ It has the advantages carbide rodsof high drilling quality, fast excavation speed, multiple grinding, and long service life.
Spline connection uses 55A impactor.

Features of down-the-hole drills: fast drilling speed! High efficiency, low labor intensity and high cost performance!

Usage of down-the-hole drill bits: Widely used in earthwork engineering, mining, water well drilling, construction engineering, water well drilling, side pillar support, etc. The down-the-hole drill bit is a kind of drill bit used in conjunction with the down-the-hole impactor, which is used for drilling operations through splines and the impactor. The DTH drill bit is used in conjunction with the DTH impactor, which has the characteristics of flat drilling, high speed, and deep hole drilling. Therefore, it has been widely used in recent years.

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Ammonium Heptamolvbdate Price - December 10, 2020

Molybdenum market quotation in China: sodium tungsten carbide rods molybdate, ammonium molybdate and ammonium heptamolvbdate prices remain stable on December 10, 2020. Although steel tenders have become active recently, it is difficult for domestic market to increase in trading activity. Most traders take a watchful stance. 

As downstream users remained weak and the policy side kept quiet for a very long time, domestic market price was difficult to increase in tungsten carbide plates previous stage. With the end of the year, mining enterprises reduce their production output. As a result, mainstream suppliers raised their offers. 

In November 2020, China exported 4.402 million tons of steel, an increase of 363,000 tons from the previous month, an increase of 9.0%; the average price was $924.5/ton, an increase of $26.4/ton (2.9%) from the previous month, according to customs data,. A Tungsten Cemented Carbide total of 488.26 million tons of steel products were exported from January to November, a decrease of 10.784 million tons or 18.1% from the same period last year.

Prices of molybdenum products on December 10, 2020

Picture of molybdenum block 

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