Overseas Tungsten Raw Material Market
As of February 19, SMM data showed that the CIF Rotterdam port price for ammonium paratungstate (APT) was $1,750-1,850/mtu, with an average price of $1,800/mtu, up 13.56% WoW; the price for ferrotungsten (Rotterdam warehouse) was $195-205/kg W, with an average price of $200/kg W, up 1.5% WoW.
Overseas Tungsten Scrap Market
As of February 19, SMM data showed that the European scrap tungsten drill bit quotation was €80-100/kg, with an average price of €90/kg, up 12.5% WoW; the European scrap tungsten alloy blade quotation was €89/kg. The Indian scrap tungsten drill bit FOB quotation was $106-110/kg, and the scrap tungsten alloy blade FOB quotation was $102-106/kg, flat WoW.


