European Ferro-tungsten Market On July 12,2013

Details: Category: Tungsten's News; Published on Monday, 15 July 2013 16:38; Hits: 1898

European ferro-tungsten prices expected to stabilise.

Offering prices in the European ferro-tungsten market moved above USD50.00kg W in warehouse Rotterdam on Thursday as traders awaited the outcome of consumer tenders which should give greater indication over the pricing trend. Consumer purchase prices have yet to move above USD49.50kg W in warehouse Rotterdam.

A large Northern European located trader of ferro-tungsten revealed that the generally soft demand from the downstream European steel industry has kept prices for the noble ferroalloy relatively stable this week.

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