Asian Metal meets Kyocera

On the afternoon of 22th, April,2015, Maggie Lee, tungsten market analyst of Asian Metal met Masanori Nishikawa, Deputy Manager of Business Development Section of Kyocera Cutting Tool Group.

Kyocera Corporation is one of the major cutting tools producers in the world. Nishikawa disclosed that as the automotive industry is the most promising downstream industry for cutting tools, the company will focus on cemented carbide rods and tools which are used in car industry. As a major tungsten carbide powder consumer, they also pay much attention to the prices of raw materials. He said the Chinese export offers will decrease slightly as export tax is canceled but it will not decrease greatly. He predicted that end users will come back to the market in May and Japanese market will pick up in the future.

Masanori Nishikawa spoke highly of Asian Metal’s information and prices and hoped to communicate more with Asian Metal in the future.