The Demand For High Performance Cemented Carbides In China's Basic Industries Is Increasing Steadily

- Apr 11, 2019-

The invention and application of cemented carbide materials are epoch-making changes in the history of modern materials. Known as the "teeth of industry" hard alloy cutting tools, fully embodies the ability of human transformation of nature. Carbide cutting tools are widely used in all aspects of modern manufacturing industry.

Along with our country industrialization, informationization, urbanization process accelerated, the iron and steel, automobile, mining excavation, electronic information, transportation and energy industry demand for high performance cemented carbide will steadily increase, especially the future high-tech weapons and equipment and the rapid development of infrastructure, will vigorously promote high technology content and the demand of high quality hard alloy products, will give China's cemented carbide industry provides a good opportunity of development.

At present, as a strategic metal, tungsten, molybdenum and cobalt, the raw material for alloy grinding heads, have been attached great importance to by the world's major economies. APT has been widely concerned in the industry since its launch on September 18, 2013, and is one of the products favored by investors. Tungsten enterprises prefer to be listed for sale on the pan-asian exchange platform, which has played an important role in supporting the development of China's tungsten industry under the situation of unbalanced supply and demand in domestic and foreign markets. As of July 25, 2014, APT's inventory reached 16,747 tons, and its trading volume and delivery volume both ranked first in the world. In the long run, the commercial acquisition and storage of the exchange is a strong guarantee for the development of national defense and advanced science and technology in China.

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