TUNGSTEN SNAPSHOT: European ferro-tungsten recovers after sellers refuse low bids, prices reach floor

January 29, 2021 / www.metalbulletin.com / Article Link

Key data from the pricing session in London on Wednesday January 27.

Key drivers The European ferro-tungsten market recovered in the first half of the week following the sharp downward moves of the past few weeks, with sellers starting to refuse lower bids. The market had been on a downtrend for the past two weeks with prices dropping by almost 8% amid profit taking and expectations of more...

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