European Ferro-tungsten Market On May 28,2013
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- Category: Tungsten's News
- Published on Wednesday, 29 May 2013 14:20
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European ferro-tungsten prices still on the rise.
Ferro-tungsten prices in the European ferro-tungsten market firmed another USD1.00kg W last week leaving offers between USD48.40-49.40kg W in warehouse Rotterdam.
Despite a relatively quiet week in terms of consumer buying activity, the tightness in the availability of prompt release material in Rotterdam continued to inflate prices on the inter-trade market. A large European trader of ferro-tungsten claimed that the market remains “a crazy game that everyone is playing”, explaining that trader talk is inflating nearly every parcel of ferro-tungsten.
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