Tungsten from Recycled Scrap has A More Limited Market

Kevin Anetsberger, General Manager of Midwest Tungsten Servicesaid it must be remembered that there is a correlation between scrap tungsten and raw material prices, but the two markets are not the same.

According to Anetsberger, tungsten from recycled scrap has a more limited market and that market is largely associated with industrial needs. Industrial activity tends to slow down in the summer, he said.

Furthermore, he also noted that in the past few weeks, raw tungsten prices have begun dropping though at a slower pace.
 

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