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Due to their similar properties, tungsten and molybdenum have an associated relationship, which is relatively common in mineral resources.
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China tungsten price was in the upward trend in the week ended on Friday July 31, 2020, but affected by the weakness both in the supply and demand sides, transactions were poor at the end of this month.
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Opening this week, the tungsten price in China remained weak adjustment as traders were active in selling products, but buyers still took a watchful stance. The whole market is quiet with rare transactions concluded.
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After Trump imposed tariffs and imposed trade sanctions on Rusal, the LME aluminum price rose to a nearly seven-year high.In addition to aluminum, who is the next metal that may rise?
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In 2017, tungsten market out of the market "haze" after nearly three years of downturn, the price gradually return to the rational, the industry situation continued steady. The performance is as follows: First, the output of tungsten concentrates remained stable
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Domestic tungsten market to maintain a solid position, the holiday has just ended, the market has not fully involved in trading activities, the relevant agencies at the beginning of each month and the average price of several major tungsten enterprises expected to be released soon.
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