European ferro-tungsten prices soften

New production in China and weak demand has resulted in rapid softening of ferro-tungsten prices over the last week.

Ferro-tungsten basis in warehouse Rotterdam has softened to a level of between $6.00 and $6.10 per kg from a level of around $6.20-6.30 per kg last week.

Market sources are unanimous in citing the coming on stream of two new ferro-tungsten producers in China as the major factor in...

Published

July 25, 2003

16:05 GMT

London