Tungsten Prices Stable in Europe, Indian Scrap Rates Surge 17.39% Amid Low Inventory

Published: Jun 11, 2026 18:40

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[SMM Tungsten Flash] This week, APT CIF Rotterdam offers remained stable at $3,000-3,200/mtu, with European raw material prices generally steady. In the scrap market, Indian tungsten scrap drill bits FOB were quoted at $130-140/kg, up 17.39% from last week. Driven by higher Chinese tungsten prices, Indian scrap traders have collectively raised their offers. Coupled with low inventory levels, overseas scrap transactions have been active recently, with market sentiment turning optimistic.

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