European Ferro-tungsten Prices Shoot Up

The tightness of supply in the European ferro-tungsten market is showing no signs of abating this week, with both consumers and traders reporting difficulties in finding willing sellers of material in Europe.

On Wednesday, consumer tender sale prices reached just above USD47.00/kg W d.d.p, an increase of more than USD1.00/kg W since Monday, and mainstream offers ranged between USD46.00-47.50/kg W in warehouse Rotterdam.

One European based ferro-tungsten trader confirmed that he sold a truckload of ferro-tungsten at USD47.20/kg W d.d.p to a European steel plant on Wednesday, and stated that the tightness in the availability of material is continuing to drive prices upward.

He added that mainstream prices of the noble alloy have increased a further USD1.00/kg W since Monday to range between USD46.00-47.50/kg W in warehouse Rotterdam as of Wednesday.

You can visit the following links for more information about ferro-tungsten  prices. Thank you very much!

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

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