The slide continues…
Moly is down at the $4.70 range after being at nearly $6 just 30 days ago. This is a far cry from where it was this time last year ($10+)
Tungsten also continues it’s slide. After holding steady in the $6-$7 range for a couple of months, it has fallen below $5 (nearly 1/3 of what it was worth last summer)
As we head into November and nearing the end of 2015, we are optimistic 2016 will start off nicely, albeit not a complete turnaround but a solid, positive run to start off the new year.
Tungsten Carbide is used in a variety of industries. From tooling for manufacturing to radiation shielding, Tungsten based alloys are key in providing certain characteristics that no other metal can provide. The element W is a bi product of mining other metals, thus making the importance of recyclin...Tungsten Carbide
Slowing stainless steel demand has been affecting all alloys from Nickel to Moly and even Titanium. The Indonesian ban on nickel ore exports has done little to bolster confidence in the market and the current doubts surrounding a long-term trade deal between the US and China will certainly not hel...Stainless and Alloys