Xiamen Tungsten reports 141% rise in Q1 thin tungsten wire sales
2024-04-19 11:58:45 [Print]
In the first quarter of 2024, Xiamen Tungsten Co., Ltd. achieved an operating revenue of around RMB4.05 billion (USD559 million) from its nonferrous metals business, up by 9.81% versus a year ago.
The company's tungsten and molybdenum business maintained steady growth during the quarter when sales of thin tungsten wire jumped by 141% YoY to 34.1 billion meters, with sales revenue up by 80% YoY.
The company's tungsten and molybdenum business maintained steady growth during the quarter when sales of thin tungsten wire jumped by 141% YoY to 34.1 billion meters, with sales revenue up by 80% YoY.
Tungsten Bar W-4 99.9%min EXW China
Unit:RMB/kg
China tungsten carbide producers' sales volume statistics by province by month
Unit: mt
