Molybdenum News Center

Invention and application of carbide materials, materials in the history of the modern epoch-making change. Carbide cutting tool is known as "dental industry" fully reflects the human ability to transform nature. Carbide cutting tool as a weapon, widely used in various aspects of modern manufacturing sector. 

 

In recent years, the international tool market remains 3-5% growth. Carbide Industry Association of Japan recently released data show that in 2013 full-year sales in Japan ¥ 219,531,000,000 carbide tools, carbide tools throughout the sales 289.843 billion yen, the data than the 275.743 billion in June 2012 million, an increase of 5.11%. China is also new and expansion projects carbide. 

 

With industrialization, information technology, accelerate the urbanization process in China, the demand for steel, automotive, mining and mining, electronic information, energy, transportation and infrastructure industries for high-performance carbide will grow steadily, especially in sophisticated weaponry future and the rapid development of infrastructure construction, and will vigorously promote the demand for high-tech products and high-quality carbide, carbide industry in China will provide a good opportunity for development. 

 

Current tungsten and molybdenum carbide tools necessary raw materials as a strategic metal cobalt has received attention in the world's major economies, the recent behavior of state purchasing and storage, demonstrated the importance of molybdenum, cobalt resources. Kunming Pan Asia Exchange is the world's largest non-ferrous metals rare metals spot exchange, tungsten (APT) and cobalt are listed on the Stock Exchange earlier varieties. APT since September 18, 2013 listed, has been widespread concern in the industry, and one of the investors in favor of the product. Tungsten enterprises prefer listed in Pan Asia Exchange platform sales, in the case of domestic market supply and demand imbalance, pan-Asian trading platform for the development of China's tungsten industry has played an important supporting role. As of July 25, 2014, APT's stock reached 16,747 tons, and the trading volume and settlement volume ranking first in the world. In the long run, the exchange of commercial purchasing and storage is needed to ensure that our national defense, a strong guarantee for the development of sophisticated technology, such as cemented carbide. 

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