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Ferro-tungsten prices down as summer lull approaches in Europe

June 12, 2013 - 17:10 GMT Location: London

KEYWORDS: ferro-tungsten , prices , noble alloys , Europe , trader , distributor

Ferro-tungsten prices drifted lower in Europe on Wednesday June 12, as profit taking continued and the traditional summer lull on the continent approaches.

Metal Bulletin’s in-warehouse Rotterdam quotation dropped to $46.85-47.90 per kg, from $47.40-48.40 previously, as the expectation of prices as high as $50 per kg in Europe began to wane. Some market participants have even...

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