A Correlation Between Scrap Tungsten and Raw Material Prices

Scrap tungsten prices have reportedly dropped from around $14.50-15 per pound to about $13 per pound in approximately a month.

There are a number of theories as to why this is happening. One business owner says that there are suspicions in the tungsten industry of hoarding. Another said it is likely that the big buyers are trying to force a price correction.

Kevin Anetsberger, General Manager of Midwest Tungsten Service, explained that a lot of what is going on right now are seasonal effects. 
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

• < Prev
• Next >