Rising Demand for Tungsten, Molybdenum and Other Rare Metals Will Keep Prices High
FARMINGTON, Conn., Oct. 11, 2012 /PRNewswire-iReach/ — Rising demand for tungsten coupled with dwindling supply is keeping prices high according to new market research. As a result, tungsten represents a unique opportunity for producers, fabricators and investors. Paralleling the global market for tungsten, new market forecasts for molybdenum project that this market will continue to rise through at least 2016
Production of metals has been at the core of all industry nearly since the dawn of civilization, and has only become more important with time. Having accurate market data and analysis on the production of rare earths and rare metals will be essential to nearly any company that produces a physical good.
Global Information Inc (GII) is pleased to announce new rare metals production premium market research from leading industry publishers.
Tungsten: Markets, Competitors and Opportunities 2012 – 2022 Analysis and Forecasts
Tungsten’s unique properties make it essential to the manufacture of everything from drill bits to cruise missiles; there are no known substitutes. China currently dominates the supply of tungsten and is expected to do so for the next decade. However, the Chinese government has adopted restrictive policies including implementing quota systems, increasing tax rates and pushing for industry consolidation, etc. to reorganize its tungsten industry, the same as in its rare earth industry. Chinese primary tungsten production will be curbed to half its historical growth rate going forward. Further, very few tungsten mines outside of China are expected to be in production, or close to beginning production, during the next few years.
This report provides an in-depth look at the global tungsten industry including: tungsten production, demand, prices, world trade and market outlook; China’s role in tungsten supply, consumption, industry consolidation, pricing and shortages; detailed analysis of the global tungsten market by segment from 2012 to 2022; key strategic issues; regional trends; new technologies; competitive landscape; top players in the market; and more.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/ambe252362-tungsten-markets-competitors-opportunities.html
Molybdenum: Market outlook to 2016, 11th edition 2012
Global demand for molybdenum-bearing stainless and alloy steels rose sharply in 2010 and 2011, and the new molybdenum market forecast provided by Roskill projects the market will continue its rise through at least 2016, despite the prevailing economic uncertainty arising from the Eurozone debt crisis. The main industrial stimuli for this will come from the continuing transformation of the economies in China, India, Brazil and other smaller, mainly Asian, countries where the need for steels and other alloys able to operate in extreme conditions is expanding.
The long term price prospects for molybdenum, however, are uncertain. There appears to be sufficient existing mine capacity in 2012 and there is an additional 140ktpy under review of relatively low cost by-product molybdenum in new copper-molybdenum mining projects. On top of this, there is another100ktpy of potential supply in molybdenum-driven projects. The counter balance to this potential oversupply is that the global market for molybdenum is expected to grow by some 60ktpy by 2016. It is also highly probable that many projects on the drawing board will be delayed or postponed. Furthermore, production costs at a minimum of $12/lb in the large Chinese molybdenum-only mining industry should provide an effective floor price going forward.
The greater use of molybdenum steels, high performance alloys and catalysts, combined with robust growth in the economies of the ‘BRIC’ countries and other countries in Asia and South America, will ensure growing future demand for molybdenum. Return to higher growth in the developed economies of North America, Europe and Japan from 2013 onwards should also stimulate the molybdenum market.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/ros243526-molybdenum-market-outlook-2016-11th-edition-2012.html
Rare-Earth Elements (REE) Production, Market and Forecast in the CIS
The rare earth elements or metals (“rare earths”) include yttrium, lanthanum and 13 elements in the lanthanide group (cerium, praseodymium, neodymium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium and lutetium).
The report is composed of 8 Sections, contains 110 pages, including 47 Figures and 34 Tables. This work is an armchair study. Useful sources of information are data from Russian State Statistic Service, CIS countries Inter-State Statistics Committee, State Statistics Committee of Ukraine, State Customs Service of Ukraine, Kazakhstan’s Statistics Agency, Federal Customs Service of Russian Federation, industrial and regional press, annual and quarterly reports of stock issuers, web-sites of REE producers and consumers, foreign media, scientific literature. There were also several interviews with experts in this field.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/info169812-cis-rare-earth-element.html
About Global Information Inc. Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.
Media Contact: Jeremy Palaia Global Information, Inc., 1-860-674-8796, Press@gii.co.jp
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE Global Information, Inc.