Scrap Tungsten Growing Demand Drives Up Prices

Details: Category: Tungsten's News; Published on Thursday, 25 July 2013 17:01; Hits: 2031

For those experiencing these problems, buyers’ hesitation and their apparent bargaining power appears to make no sense given the overall tungsten market fundamentals.

Certain principles are basic – supply shortages, current or forecasted – combined with growing demand drives up prices and limits consumers’ bargaining power. But, scrap dealers are seeing the exact opposite.

Joe Sery, CEO and Owner of Tungsten Heavy Powder, who said he has only heard of the slowdown from another dealer, confirmed that there are current shortfalls .

And that they will continue due to an increasing number of companies recycling scrap – another suggestion of a thriving industry.

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