TAGUTI INDUSTRIAL LIMITED, founded in 1997, is an earlier enterprise in China specializing in the manufacture of consumables and accessories for the electrical processing industry. Among them, the self-owned brand TAGUTI molybdenum wires are exported to countries all over the world, and are very popular among customers.
The conventional sizes of TAGUTI molybdenum wire are: φ0.16mm*2500m, φ0.18mm*2000m, φ0.20mm*1600m, φ0.22mm*1300m, φ0.25mm*1000m.
Here are the features of TAGUTI Molybdenum Wire:
– Strict material selection of pure molybdenum material (Mo Content ≧ 99.97%), excellent electrical corrosion performance, low loss;
– High tensile strength(≧2300N/mm² ) -not easily fracture of wires;
-Low ductility-easily maintain stable tension;
-No protective covering on the surface, manufacturing stability and high efficient;
– High wire diameter precision for high machining accuracy;
– High curl rate for easy threading;
– Vacuum package, more than one year storage life.
In the past two months, due to the influence of international and Chinese molybdenum markets, the price of TAGUTI molybdenum wire has also continued to rise. This article analyzes from multiple perspectives such as international, Chinese, and industrial demand, which is convenient for customers to understand.
As shown in Figure 1, The international molybdenum price has shown a sharp upward trend since Dec. 2022 . The rise in the price of molybdenum raw materials drives up the price of molybdenum wire for electric discharge cutting.
Source of Figure 1: London Metal Exchange (LME)
Last week, the spot transaction price of ferromolybdenum in Europe rose rapidly, the latest price rose to a high of US$100 again. Molybdenum oxide in Asia took the lead in rebounding and then continued to rise. After bottoming out at around US$34, it rebounded to above US$37 last Thursday. The market sentiment is more affected by the performance of the Chinese market, and other aspects are related to the positive profit-making shipments after the molybdenum price rose to a high level.
The Asian market is currently focusing on whether the new round of demand for ferromolybdenum from Chinese steel mills can be released as scheduled in the second half of the year. Many market participants still maintain confidence in the terminal demand, especially ferromolybdenum production and processing manufacturers continue to remain reluctant to sell ferromolybdenum at present.
Last week, the price of molybdenum raw materials in the Chinese market bottomed out and rose again, but the transaction of ferromolybdenum stagnated at a high level, and the opening bid prices of mainstream steel mills remained stable. The demand for ferromolybdenum was slightly lower than expected, resulting in a slight decrease in transaction activity in the molybdenum raw material trading market, and the downstream molybdenum product market continued to be in a stable wait-and-see state.
As shown in Figure 2, the price of molybdenum concentrate in China has approached the highest price in 20 years.
Figure 2. 2004-2023 China molybdenum concentrate price chart
In a word, the rise in the price of TAGUTI molybdenum wire is not groundless, but an adjustment made following the molybdenum market. Customers are also welcome to contact us at any time to learn about the latest price of wire-cut molybdenum wire. We will provide you with more high-quality consumables and accessories for wire cutting machine tools, such as: guide wheel pulley assembly, power feed contacts, JR-3A EDM gel, nozzles, wire guides, etc. Welcome to our online store to order.
