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

Published: May 14, 2026 18:54
Source: SMM
[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.

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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