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HC Starck Reports Tungsten Demand Is Starting to Stabilize

Posted by: Chris Na 2021-11-04 Comments Off on HC Starck Reports Tungsten Demand Is Starting to Stabilize

HC Starck Reports tungsten Demand Is Starting to Stabilize

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Category: Tungsten’s News
Published on Tuesday, 06 August 2013 15:20

HC Starck’s CEO, Andreas Meier told in a recent interview that he believes tungsten demand is starting to stabilize. Prices have stepped down from their 18-month highs and “destocking initiatives in the tungsten supply chain may be coming to an end.”

“Our view remains unchanged that China is heading for more added value-products to be produced in China and if you look how export licences have been reduced we see that outside of China when GDP growth rates recover it will again become very tight,” Meier told.

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