News Center
RELATED INFORMATION
News Center
Economic Operation Situation of Tungsten Industry in the First Half of 2017
Release time:
2017-08-21 17:37
Source:
The economic operation situation of the tungsten industry in the first half of the year: steady growth in product output, restorative growth in exports, price stabilization and recovery, and improvement in the production and operation situation of enterprises. Tungsten concentrate production of enterprises in the Tungsten Association statistics increased by 7.93 year-on-year (down 14.68 year-on-year in the same period in 2016), while production increased due to a low base and a recovery in price increases in the same period. The output of smelting and processing products generally increased, with 54 cemented carbide enterprises producing 14300 tons, up 26.62 percent year on year. The export volume of tungsten products converted into metal was 14742 tons, up 46.29 year on year, a 10-year high. The average price of tungsten concentrate was 77500 yuan/ton, up 14.39 year on year. Corporate revenues, profits and taxes and profits increased by 18.65 per cent, 116.90 per cent and 336.84 per cent, respectively.
2017, Growth, YoY, Output, Enterprises, Statistics, Exports, Product Output, Same Period, Concentrate
RELATED INFORMATION
Address: Middle Section of Longfeng Road, Luolong Industrial Park, Xigong District, Luoyang City
General Manager Office Phone:+86-0379-64949200
Marketing Department Tel/Fax:+86-0379-64938195