European Tungsten Carbide Demand Stable

European producers of tungsten carbide 99.7%min held sale prices stable between EUR45.00-47.00kg d.d.p depending on grade and grain size through the second half of March.

However, despite another month of poor manufacturing output and dwindling levels of new orders across the eurozone in March, European prices of tungsten carbide 99.7%min look set to increase closer to EUR48.00kg d.d.p in the early stages of Q2 2013 due to a delayed reaction to a sharp pickup of Ammonium Paratungstate prices in February, and growing downstream demand from manufactures producing parts for the mining industry. 

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