Ferrotungsten Market Stabilizes and Keeps Relatively Calm

Ferrotungsten market stabilized last week. In Ningbo and Hunan, the mainstream ferrotungsten price of 70 Group has cincertrated in 175,000-180,000 yuan / ton in Ningbo, Hunan so far. And the mainstream ferrotungsten price of 80 Group has cincertrated in 182,000-186,000 yuan / ton .

It is known that ferrotungsten market kept relatively calm last week and the downstream steel mills’ needs were incompetent because it was affected by the policy. Many manufacturers only produced by the orders. It is expected that ferrotungsten market mainly will keep stable in next week.

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