The Importance of Tungsten to HC Starck

HC Starck’s CEO, Andreas Meier told in a recent interview that he believes tungsten demand is starting to stabilize. Prices have stepped down from their 18-month highs.

And “destocking initiatives in the tungsten supply chain may be coming to an end.”With that in mind, Meier admitted that the company is “reluctan[t] to become reliant on increasingly tight export supplies from China,”

Particularly if it is looking to target the Japanese and South Korean markets. It will continue on this path with the value-added tungsten products from its joint venture with Nui Phao.
 

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