February 2020 | Ferro-alloys
Chinese disruptions propel tungsten prices higher: Tungsten Highlights
European ferro-tungsten prices soared to $35.50-37.00 per kg in February, up from $30.00-31.00 per kg last month, on the back of continued restocking by traders and consumers against tightening supply and supply shortage concerns.
Tungsten prices were already heading higher last month on the back of Chinese tungsten concentrates supply tightness. With the novel coronavirus (nCoV-19) outbreak resulting in both the extension of the Chinese New Year holiday period and resulting in...
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