Ferro-tungsten rallies on Chinese supply concerns

Tungsten prices have continued to firm in Europe, as traders continue to keep an eye on supply out of China.

There has been a greater focus on ferro-tungsten this week, with Chinese suppliers targeting $7.00 per kg, according to European sources. Sales have been going in the $6.40-6.60 range, which is a good hike from the $6.15 levels seen only a few days ago.


January 29, 2003

14:28 GMT