Bango Alloy Technologies Co., Ltd.

International market, after Christmas, the first quotation of European strategic metal keeps unchanged, among them, APT price is around 420-425 / metric ton, tungsten iron level is 47-49 USD / kg.

Over the past few years, the focus of titanium dioxide production has begun to transfer to China. Meanwhile, China is becoming the world's largest consumer of titanium dioxide.

Europe titanium market develop smoothly, according to the European strategy of small metal report, the current price of titanium sponge is $ U.S. 11.5-12.5/kg, compared with price of ilmenite as $ U.S. 6.5-7.5/kg of titanium

Heavy Steel invest 1.65 billion yuan to build a steel vanadium and titanium resources comprehensive utilization project (straight shaft furnace pilot production line) project has been formally adopted.

International markets, and overseas tungsten market continue to ensure stability, but as poor market demand, imports of tungsten significantly reduced compared with the same period in previous years, which is expected to stabilize the main market.

Titanium has excellent corrosion resistance, mechanical properties and process performance, are widely used in many sectors of the national economy.

In the Christmas countdown, overseas tungsten market is in weak status. In China domestic market, many tungsten enterprises reduce or even stop procurement, because of tight funding, the turnover between traders is small,

Titanium’s application in sporting goods, from the earliest tennis, battledore to golf head, handle and racing widely used in recent years. Let people’s awareness about titanium increased a big step.

News this week said the global economic and policy tends to relax. Australia's central bank cut interest rates again this week by 25 basis points to 4.25%, the European Central Bank cut interest rates 25 basis points again to 1%.

2011-12-20 Since starting on last Monday, the price of titanium sponge began to rise, this week continue rising. As the end of the year approaching, producers receive more inquiry, consumer purchases of raw materials suppliers to start stocking.