The Lunar New Year holiday tightened tungsten supply further, pushing prices for ammonium paratungstate (APT) slightly higher in Europe while ferro-tungsten was unchanged with little spot business concluded.
Lunar New Year holiday tightens tungsten supply furtherEuropean APT prices edge higher on tight availabilityEuropean ferro-tungsten prices stable with little spot activity taking place Metal Bulletin assessed APT prices in a range of $319-326 per metric ton unit (mtu) cif Rotterdam on Friday February 23, up 0.2% from the previous week."Concentrates supply is still very tight and that's what keeps pushing APT prices higher... There's still...