Rotterdam APT Prices Stable, European Scrap Declines, Indian Market Rebounds Slightly

Published: May 14, 2026 18:54

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[SMM Tungsten Express] SMM May 14: Rotterdam APT prices remained stable at $2,900-3,200/mtu this week, with suppliers holding prices firm with strong sentiment. Affected by tight spot cargo supply, market transactions fell into a deadlock again, with the situation of quoted prices but no actual deals continuing. European scrap prices continued to decline, with transactions in the range of 98-105 euros/kg; the Indian scrap market rebounded slightly by 4.5% WoW, with scrap tungsten carbide drill bits FOB closed at $110-120/kg.

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