Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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October 2019 | Ferro-alloys

Tungsten prices post impressive gains on tightening supply: Tungsten Highlights

Developments in China have been largely responsible for the improvement in European prices, with Chinese tungsten concentrates prices surging to 94,000-96,000 yuan per tonne this month, up from 78,000-81,000 yuan per tonne in September.

Tightening tungsten supply has offset declining demand over the past month, with European ferro-tungsten prices stabilizing, in contrast to most other alloy markets this month. Although demand from steelmakers remains weak, concerns over supply have helped...


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