Tungsten Concentrate Prices Fall in Chaos at Present


The general situation of tungsten concentrate prices can be concluded as chaos in China Mainland. High-priced tungsten concentrate suppliers try to reduce their price tentatively. However, the phenomenon of high-price but low-demand is hard to be better shortly.

As to ferrotungsten, transaction volume is short of support. Some traders’ lowest price of 80% ferrotungsten even could reach ¥185,000.00/mt. In scrap tungsten steel market, both demand and supply are weak. Therefore, more traders choose to wait-and-see. Chinatungsten Online forecasts that the mainstream of scrap tungsten steel price continues to keep steady.