Outlook Gloomy for the European Ferrotungsten Market

European ferrotungsten market prices have seen a slight split appear between numbers quoted for standard grade and off-spec material this week. An undisclosed volume of off-spec ferrotungsten is available in the European market at present, and although a number of consumers can work with this material, it is still trading at a slight discount. Offering prices for the off-grade ferrotungsten are between USD38.40-38.90kg W d.d.p to European consumers as of Tuesday and for standard grade material prices have held between USD38.90-39.20kg W d.d.p so far this week.European Ferrotungsten Market looks gloomy for short term.

 

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