Ferro-tungsten Prices Drift Down on Persistent Weak Demand

Details: Category: Tungsten's News; Published on Friday, 08 March 2013 08:48; Hits: 2204

Ferro-tungsten prices in Europe drifted down further on Wednesday March 6, as demand weakness pervaded the market.

Metal Bulletin’s in-warehouse Rotterdam quotation now stands at $39.50-39.90 per kg, down 10 cents on the top end, and market participants have suggested the price will slip still lower before the end of the first quarter. “I’ve spoken to a couple of traders and they mentioned $39-39.50 per kg.

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