Thinly traded tungsten falls by over $1/kg

London 23 March 2009 11:22

Ferro-tungsten dipped on Friday, with continuing low demand in a market that had been stagnant for two weeks putting downward pressure on prices. Ferro-tungsten basis 75% fell to $25.90-26.90 per kg from $27-28 per kg previously, with a handful of deals reported across the new range. “There has been a lack of buying activity and there’s no sign that...

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Thinly traded tungsten falls by over $1/kg

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