Ferro-tungsten price at 2-month low in Europe on thin demand

The ferro-tungsten market in Europe fell by 9.9% to a two-month low in the first half of this week, with the spread of the Covid-19 pandemic continuing to reduce demand for tungsten products.

Fastmarkets’ assessment of the price for ferro-tungsten, basis 75% W, in-whs dup Rotterdam, dropped to $31.50-32.50 per kg on Wednesday March 25, down from the previous week’s assessment at $35-36 per kg. The alloy was now trading at its lowest level since the end of January.

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Published

Ewa Manthey

March 26, 2020

18:40 GMT

London