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Follow on Google News | Present developing situation of China tungsten processing industry.China tungsten processing industry is been in a critical time of industrial adjustment, product promotion, resource integration. The processing techniques, equipments and self innovative capability are still worse than advanced level abroad.
By: Bango China tungsten processing industry is been in a critical time of industrial adjustment, product promotion, resource integration. The processing techniques, equipments and self innovative capability are still worse than advanced level abroad. Economic benefits Since 2004, China tungsten processing industry has get out of hard situation, and realized historical leap and got significant increase in general economic benefit. In 2003, sale income breakthrough 10 billion yuan, meet 3.9 billion yuan profit in 2008. Sales income of China tungsten carbide in 2008 met 11.36 billion yuan, which is 95.19% higher than 5.82 billion yuan in 2004. However, in 2009, China tungsten industry suffered serious attack from global economic crisis, and the economic benefit declined greatly. Technique and equipment. By bringing in advanced techniques, and equipments to realize technique transformation; Production capability According to the statistical data of China Tungsten Association, at the end of 2009, the production capability of APT of 55 Tungsten smelting enterprises were 180 thousand tons; production capability of tungsten powder of 70 tungsten powder manufacturer were 61.6 thousand tons; tungsten carbide production capability of 199 tungsten carbide manufacturer were 34.9 thousand tons, which was 3.88 times as 2000. Internationally competitiveness According to the custom statistical data, the export price of tungsten product maintained 30 thousand dollars per year during 2006~2008. In 2008, the average year price was USD34287/t, which was 4.62 times as USD7417/t in 1998. Export tungsten carbide quantity in 2008 was 3924.8 t, and it is 160.27% higher than 1508t in 2000. In 2009, the average export price of tungsten product declined dramatically. (Visit http://www.tungstenalloy.net/ (Visit http://www.tungstenalloy.net/ (Visit http://www.tungstenalloy.net/ # # # Bango Alloy Technologies Co., Ltd. is a Leading Manufacturer and Supplier Of Quality Metals Offering Tungsten, Tungsten Alloy, Tungsten Carbide, and more! End
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