Ferro-tungsten Prices Likely to Continue Downward Trend
- Category: Tungsten’s News
- Published on Monday, 11 March 2013 09:59
Ferro-tungsten prices slipped to $39-39.50 per kg in Europe on Friday March 8, in a well-supplied market without the demand to support it.
Metal Bulletin’s in-warehouse Rotterdam quotation stood at $39.50-39.90 previously, and suggestions have now emerged that prices could soon drop below $39. “There was a bit of interest from traders. They’re thinking of stocking up at these levels,” a trader told Metal Bulletin. “I don’t know of anyone else who would be buying. It’s…"
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