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Export volume of tungsten products keeps growing, and imported tungsten products continue to decline

- Mar 27, 2018 -

Export volume of tungsten products keeps growing, and imported tungsten products continue to decline


In 2017, international tungsten demand continued to recover. Despite the fourth consecutive month of decline in the second half of the year, the growth rate slowed down, but the volume of tungsten products exported throughout the year increased significantly year-on-year, and continued to maintain a strong growth trend. China Tungsten Steel Association according to export statistics, in 2017, China's export of tungsten products (excluding carbide, the amount of metal, the same below) 28984 tons, an increase of 31.22%, an increase of 20.25 percentage points over 2016, since 2008 The new high, close to the historical high of 31,111 tons of exported tungsten products in 2006. In June 2017, it exported 3,145 tons of tungsten products, a record high for single-month exports in 10 years. In 2017, exports of tungsten products amounted to USD 911 million, a year-on-year increase of 41.21%. The increase in export volume was higher than the increase in export volume, and the export tungsten product price rebounded significantly.


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