Tungsten demandLike everything else, tungsten demand is heavily driven by the Chinese. China is even more important than many other makets since it is not olny the biggers user lately but by far the biggest producer. One very interesting thing I heard recently from a reputable source is that some of the end users in Chaina have been calling around trying to buy wolframite con and or APT. This is pretty surprising given China's production and seems like a very bullish sign. One other thing worth noting is that the buyers in the tungsten market are largely purchasing for their own use and most of the new output, including NA Tungsten and Tiberon is already subject to long term sales agreement. In other words, very little of that output is likely to see the open market.