Last year, the price of tungsten and cobalt showed a trend of rising, which resulted in the reduction of profits of hard alloy enterprises downstream. Therefore, we had to adjust the price to cope with it, and the stock of raw materials was also relatively cautious at the end of the year. Intending to market has not yet completely shutdown after the Spring Festival, the cobalt price has ushered in the surging wave, and strong, the alloy enterprise can only helpless said heart tired, the days of out of stock a bit really tough.
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