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In 2004, driven by domestic and international market demand, the price of tungsten and molybdenum products rose significantly. In China, due to the bankruptcy and reorganization of some state-owned mines, the lack of rain and dryness in the tungsten-producing areas in the south, the depletion of many mine resources, and the state's macro-control of tungsten production, the production of tungsten concentrates is stagnant, and the price of tungsten concentrates is 24,500 from the beginning of the year. Yuan/ton rose to 42,000 yuan/ton at the end of the year and is still at an unprecedented high price. At the same time, in the international market, with the economic recovery around the world, the industry of various countries, especially the machinery industry, has developed rapidly. China's cancellation of export tax rebates for tungsten has prompted domestic suppliers to raise their export prices, which has also raised international tungsten prices.
According to experts, the tungsten industry has been boosted. In 2003, the capacity utilization rate of the national market was only 43%, and the production line of ammonium paratungstate was still in the country. This situation also spread to the production of downstream products such as tungsten powder, tungsten iron, and cemented carbide products.
However, on the one hand, overcapacity, on the one hand, domestic tungsten enterprises are not competitive. Taking cemented carbide as an example, the current utilization rate of cemented carbide production capacity in the country is only 59%. Except for the two production capacity of more than 2,500 tons of cemented carbide enterprises in the country, the majority of the annual output is only tens of tons. Competition is mainly concentrated on low-end products. Even in 2004, Zhuzhou Hard Alloy Group Co., Ltd., which ranked first in domestic tungsten sales, only sold 16.4% of its sales revenue in 2000. “The reason is that the proportion of deep-processed products in tungsten products and the production and export of high-tech and high-value-added products in total output and total exports is still small.†China Tungsten Industry Association Beijing Li Chuncheng, deputy director of the office, said.
In order to obtain improvement and breakthrough, and win in the competition, domestic powerful enterprises actively consider and seek a strong alliance or external cooperation. Among them, the operation was quite successful, and the number of Siping Global Tungsten & Molybdenum Co., Ltd.
Siping Global Tungsten & Molybdenum Co., Ltd. was originally established by China Minmetals Group Siping Tungsten and Molybdenum Materials Factory. It was founded in 1970 and is a famous tungsten and molybdenum material production and export enterprise in China. “Global†is a group-based company and now has four subsidiaries, namely Siping Japan Tungsten Industrial Co., Ltd., Shanghai Yinping Tungsten Molybdenum Products Industry and Trade Company, Jiujiang Global Japan Tungsten Co., Ltd. and Dongguan Huameng Tungsten & Molybdenum Co., Ltd.
The company has an international advanced level of tungsten and molybdenum material deep processing production line, has a team of innovative professionals, establishes a sound modern enterprise management mechanism, and transforms into a private enterprise, so that enterprises enter a new important development stage.
The company attaches great importance to the development trend of tungsten and molybdenum materials technology at home and abroad, and has always been tracking and catching up with the international advanced level as the development goal of the company. The company and Japan's famous tungsten and molybdenum processing company - Japan Tungsten Co., Ltd. is a joint venture partner, the two sides have a very good relationship of cooperation; the establishment of a tungsten and molybdenum research institute in China and Central South University; the establishment of a "provincial technology center."
The product quality of the company has won the "Excellent Quality Management Award of the Ministry of Light Industry", the "Temperature Series of High-Quality Products of the Ministry of Light Industry", the "Gold Award of the International Fair", the "Advanced Unit of Provincial Science and Technology Development" and the "National Level II" Enterprise" and other titles. In 2001 passed the ISO-9002 quality system certification.
The main products are "Universal Brand" tungsten bar, tungsten wire, tungsten rod, molybdenum rod, molybdenum wire, molybdenum strip, electrical tungsten contact, vapor-deposited tungsten wire, tungsten-molybdenum powder product, tungsten-molybdenum shaped piece, ammonium paratungstate. The total production scale is 2,000 tons of ammonium paratungstate, 500 tons of tungsten, 300 tons of tungsten rods, 4 billion meters of tungsten wire, 200 tons of molybdenum rods, 100 tons of molybdenum rods and 300 million meters of molybdenum wire.
Product quality has strong competitiveness in domestic and foreign markets and enjoys a high reputation. The products sell well all over the country and are exported to Japan, the United States, South Korea, Singapore, Hong Kong, Taiwan, Europe and other countries and regions. The export volume of tungsten rod deep processing products produced by the factory ranks first in the country, the quality of export products is the best, and the export of deep processing products in the same industry ranks first in the country.
Text: 璀璀 China Lighting Network
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