Ferro-tungsten climbed to its highest since July 2018 while worries over delayed shipments from China and the availability of prompt units continued to support higher prices.
The ammonium paratunsgate (APT) price in Europe was unchanged but supported at current levels amid a concentrate shortage and logistical difficulties in China. Consumers remained on the sidelines with no business reported to Fastmarkets during the pricing week.
- "Ferro-tungsten is still bullish. There's very little material around and it's impossible to get material from China. Offers have now moved up...