European Ferro-tungsten Prices Consolidate

Traders in the European ferro-tungsten market have reported a slower start to activities this week compared with the frantic movements seen in the early days of April. Sources have speculated over ferro-tungsten prices climbing above USD43.00kg W in warehouse Rotterdam last week, however, on Monday, inter-trade prices appeared marginally softer between USD41.50-42.00kg W in warehouse Rotterdam.

A large Central European trader of ferro-tungsten revealed that the wave of consumer enquiries that forced numbers of the noble alloy to increase almost USD4.00kg W in around two weeks at the end of March, 

 

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