APT Prices Steady Amid Divided Market Sentiment, Ferrotungsten and Scrap Prices Decline

Published: Apr 30, 2026 18:06

Save

[SMM Tungsten Express] APT CIF Rotterdam prices held steady at $2,800-3,200/mt this week, with market sentiment divided. Demand gaps supported continued raises in high-end offers, but influenced by sharp price declines in the Chinese market, European and American buyers generally adopted a wait-and-see approach, with overall transactions hindered. Ferrotungsten and scrap prices continued to decline. Ferrotungsten Rotterdam warehouse was quoted at $280-295/kg W, down $12.5 WoW; European scrap tungsten carbide inserts were quoted at €100-110/kg, down €5 WoW.

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 for 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

7 hours ago

European Scrap Tungsten Prices Rise, Indian Prices Fall Amid Varied Market Trends

[SMM Scrap Tungsten Flash] SMM, June 25 – This week, the ex-China scrap tungsten market showed divergent trends. European scrap tungsten alloy blade prices were raised to €90-95/kg, up 5.71% WoW. According to traders, the scrap recycling systems of European tool enterprises continued to expand, and scrap demand and trading remained active. Indian scrap tungsten drill bit prices were lowered to $120-140/kg, down 3.7% WoW. Local scrap market demand activity was subdued. On the one hand, this was influenced by the slight quiet decline in Chinese prices; on the other hand, some downstream sodium tungstate enterprises in the scrap sector indicated that end-users in Europe and the US, having established their own recycling systems, had seen weaker demand for raw materials such as sodium tungstate.

7 hours ago

8 hours ago

[SMM Analysis] Brief Analysis of May Tungsten Import and Export Market

SMM News Release, June 22 According to customs data, China’s total exports of tungsten smelting products and tungsten materials reached approximately 1,063.6 tons in May 2026, down 11.9% month-on-month and 17.9% year-on-year.

8 hours ago

10 hours ago

A Guangdong Tungsten Enterprise's Long-Term Contract Procurement Price Remained Flat in Second Half of June

[Wolfram Snapshot] SMM, June 25: A Guangdong tungsten enterprise announced its long-term contract purchase quotations for the second half of June as follows: wolframite concentrates (55% grade) at 518,000 yuan/standard tonne (65% WO3 basis), scheelite concentrates (55% grade) at 517,000 yuan/standard tonne (65% WO3 basis). The long-term contract prices for ore were flat MoM from the first half of June. APT (national standard, zero grade) was executed at 780,000 yuan/mt, flat compared with the long-term contract price in the first half of June.

10 hours ago