Wednesday, January 7, 2009

Ferro-Tungsten rises on tight Chinese supply

London 07 January 2009 13:03

According to Metal Bulletin Ltd. Ferro-tungsten price rose on Wednesday to $29 per kg. amid tight Chinese supply. Ferro-tungsten basis 75% rose to $25.50-27.25 per kg from $25-26.30 per kg previously, with traders reporting sales close to $27.50. The majority of offers received by European market participants this week were around $26.50 per kg. Read more...

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