SMM

[SMM Tungsten Daily Review: Market Sentiment Turns More Cautious, Supply-Demand Imbalance Leads to Divergence] After the Lantern Festival, market supply has somewhat recovered, but demand has not kept pace, resulting in a divergence between bullish and bearish views. Recent transaction activity has been relatively subdued, with slow progress in orders and overall low trading enthusiasm. All parties remain cautious amid ongoing negotiations over costs and demand, with the actual pricing center showing slight flexibility.