US tungsten Scrap Dealers Report Strange Market Behavior
- Category: Tungsten’s News
- Published on Thursday, 25 July 2013 16:53
Bob Stirling of PM Recovery6 refers to tungsten scrap as “strange material.” By this, he means the business, not the actual metal. And he is not the only one to report bizarre behavior in this segment of the supply chain.
At a time when tungsten prices have soared, when the lead supplying nation is limiting exports, and analysts are predicting supply shortfalls.
It may seem reasonable to assume that the scrap market would be booming in a country that classifies the metal as a strategic and critical material7 but has no active mines.
This, however, is not the case in the US, according to some players in the tungsten scrap and recycling industry.
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