Europe ferro-tungsten prices hit 8-month high; more increases likely

The ferro-tungsten market in Europe has climbed to its highest level since August 2018, with further increases in sight amid tightening availability for prompt material.

The price for ferro-tungsten, in-warehouse Rotterdam, was assessed at $35-36 per kg on Wednesday March 6, unchanged from the previous assessment, when prices had climbed to that level from $33-34 per kg. Prices started to move up last month after a period of inactivity amid tightening material availability. Most sellers in Europe have reported to be sold out for prompt material with the first deliveries due to arrive next month while consumers are back in the spot market looking for larger tonnages. “There’s not much material available...

Published

Ewa Manthey

March 07, 2019

15:20 GMT

London