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(AMM) Tungsten prices remain stagnant in listless market

March 20, 2009 - 14:34 GMT Location: New York

Tungsten prices in the United States remain unchanged, but market sources agree buyers could drive down prices if they were prepared to bargain hard-and if demand justified doing so.

Producers, traders and buyers put ammonium paratungstate (APT) prices at $200 to $210 per short ton unit (stu) but added it was difficult to name a definitive price with so few trades on the market.

"You could push it down to $190 to $195 if you had to, but nobody wants to do that," a North American consumer said, adding that it's buying tungsten carbide "every now and then."

"We might have a blip but it won't be for...

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