European Tungsten Market Cools, Prices and Transactions Decline Amid Strong Wait-and-See Sentiment

Published: Apr 23, 2026 18:56

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[SMM Tungsten Express] As of April 23, the European tungsten market corrected from recent highs, with strong wait-and-see sentiment among end-users. Some lower offers emerged, but transactions remained light while supply-demand fundamentals stayed solid. According to SMM data, APT CIF Rotterdam is quoted at $2,900-3,200/mtu, averaging $3,050/mtu, down $135 from last week. Ferrotungsten Rotterdam warehouse is at $290-310/kg W, down $20 from last week. European scrap carbide blades are at €105-115/kg, averaging €110/kg, down €5 from last week.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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