I would like to discuss some information about tungsten market.
Both miners and traders in China have increased tungsten supply as some improvement has been seen in tungsten prices on the domestic market lately.
Though the tungsten market may have experienced a slight bounce, further upward price movement is not deemed likely or sustainable. Tungsten concentrate prices are expected to be relatively steady over the next few weeks and there seems to be ample supply on the spot market, eliminating a source of support for rising tungsten prices. Besides, tungsten demand from Europe is still weak.

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