,the top 8244 non-ferrous metal industry enterprises in the first three quarters of this year realized 4 trillion and 405 billion 200 million yuan of main business revenue, an increase of 17.3% compared with the same period last year, and realized a total profit of 173 billion 20 million yuan, up 50.9% over the same period last year. Among them, China tungsten Association statistics 123 companies in the first three quarters of the main business income of 48 billion 129 million yuan, an increase of 25.26%; to achieve profits of 4 billion 288 million yuan, an increase of 109.49%; to achieve profits of 215 thousand and 300 yuan, an increase of 362.23%.
Analysts believe that, compared with demand plus policy in 2016, the industry continued to grow better last year, which is more dependent on policy factors. The growth of downstream demand is more common. Therefore, compared with the original metal market, we are more optimistic about this year's recycled metal market. For varieties of tungsten, scrap carbide, tungsten alloy, tungsten materials and tungsten smelting slag, grinding material and tungsten tailings two times the use of renewable resources will have a strong potential for development.
The development of China's two tungsten resources is rapid. In 2008, the amount of imported tungsten and the utilization of waste tungsten reached 10 thousand tons, which is expected to grow by 3% in the future. At present, the waste tungsten recycling in China is mainly concentrated in 12 counties (cities) of 8 provinces, and the annual capacity of nearly 100 tons is nearly 40 thousand tons.
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