European ferrotungsten market prices have seen a slight split appear between numbers quoted for standard grade and off-spec material this week. An undisclosed volume of off-spec ferrotungsten is available in the European market at present, and although a number of consumers can work with this material, it is still trading at a slight discount. Offering prices for the off-grade ferrotungsten are between USD38.40-38.90kg W d.d.p to European consumers as of Tuesday and for standard grade material prices have held between USD38.90-39.20kg W d.d.p so far this week.European Ferrotungsten Market looks gloomy for short term.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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In the recent days, the raw materials’ prices moved up continuously. But as the demand keeps weak, the trading volume is small in the spot market. The tungsten scrap market moves slowly. It is expected that the tungsten scrap market will be inactive in the near future.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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Chinese ferrotungsten market continues to be quiet this week. Owing to the increasing raw materials’ prices, the ferrotungsten suppliers hold offers firm now. But the demand is soft, and the trading volume does not recover in the spot market.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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Sources in the US have expressed slightly different opinions regarding the short-term outlook for tungsten carbide, however, at present, values and overall demand keeps rather unchanged since the beginning of the month. Activity is in a better state compared to the previous three months, but many are still concerned that larger players will not reenter for consistent purchases for the majority of the year. Prices were forced up slightly last month, and it seems as though Chinese players may be trying to do the same now to entice buys, yet US domestic participants are not experiencing anything to suggest a price hike over the next.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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