European Tungsten Prices Rise as Supply Tightens Ahead of Easter Holidays

Published: Apr 2, 2026 18:59

Save

[SMM Tungsten Express] As of April 2, European tungsten raw material and scrap prices continued to rise. According to SMM data, APT CIF Rotterdam is quoted at $3,100-3,200/mtu, averaging $3,150/mtu, up $350 from last week. European scrap carbide blades are at €135-145/kg, averaging €140/kg, up €10 from last week; scrap drill tips at €145/kg. Trading activity was light ahead of the Easter holidays, but tight feedstock supply continues to support expectations of further price increases.

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

A Jiangxi Tungsten Company Announced the Long-Term Contract Price for Wolframite Concentrates for the First Half of April

[Tungsten Industry Long-Term Contract Information] SMM, April 7: A tungsten industry group in Jiangxi released its long-term contract prices for the first half of April. The guidance price for Grade 1 national-standard wolframite concentrates for the first half of April 2026 was 956,000 yuan/standard tonne (65%WO3 basis).

1 hour ago

Common.Time.hoursAgo

A Mine in Luoyang Held an Online Tender on the 8th to Sell 810 mt of Molybdenum Concentrate

[Molybdenum Concentrate Auction Information] SMM, April 7: A mine in Luoyang plans to sell 810 mt of molybdenum concentrate via online tender on April 8, with a starting bid of 4,430 yuan/mtu (cash).

Common.Time.hoursAgo

Apr 3, 2026 15:41

Xinghe Molybdenum Has Abundant Resources and Will Commence Construction in H2 2026

Yankuang Energy stated at its 2025 annual results briefing that, according to the feasibility study report prepared by Changsha Engineering & Research Institute Ltd. of Nonferrous Metallurgy, Xinghe Molybdenum (Caosiyao Molybdenum Mine) is located in Xinghe County, Ulanqab City, Inner Mongolia Autonomous Region, and has molybdenum ore resources of 1.04 billion mt, metal content of 1.089 million mt, an average grade of 0.105%, and associated metals including tungsten and zinc. The designed capacity is 16.5 million mt/year of raw ore, and annual molybdenum concentrate production will reach 30,800 mt/year upon reaching full production. In February 2026, it was issued the electronic certificate for a mining license with an annual mining scale of 16.5 million mt, and construction is expected to commence in H2 2026, with a construction period of 1.5-2 years.

Apr 3, 2026 15:41