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Ferro-tungsten prices in Europe soar to a two-year high driven by increased demand, triggered by rising prices of tungsten concentrates in China
Chinese tungsten prices reached a ten-year high in the recent week thanks to production cuts, stricter environmental supervision in mining areas, regional military conflicts and strong demand from photovoltaic and manufacturing industries, sources told Fastmarkets on Tuesday April 16
The ferro-alloys sector in China has shown a muted response to the country’s economic targets set for 2024 and laid out in the government work report released by Premier Minister Qiang Li on Tuesday March 5 in Beijing, industry sources have told Fastmarkets