European Ferro-tungsten Market On July 24,2013
- Category: Tungsten’s News
- Published on Wednesday, 24 July 2013 17:59
European ferro-tungsten prices soften.
European ferro-tungsten prices declined by almost USD1.00kg W at the back end of last week as a small flurry of consumer buying activity pushed traders to offload units of material and tendering offering prices became aggressively low.
Offering prices ranged between
USD48.50-49.50kg W in warehouse Rotterdam on Wednesday, only for sales prices to soften to between USD47.30-48.30kg W d.d.p by Friday.
As of Monday figures held stable between the same range. One large European trader of ferro-tungsten acknowledged that he was slightly surprised at the marginal decrease in sales prices last week.
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