Tungsten Prices Hold Steady in Europe, Boosted by Chinese Rebound and Light Transactions

Published: Jun 4, 2026 19:03

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[SMM Tungsten Express] APT CIF Rotterdam offers held steady at $3,000-3,200/mtu this week, up $50 from last week. Transactions remain light, but the rebound in Chinese tungsten prices has boosted European sentiment, with holders maintaining firm offers and few low-priced sources available. Prices are expected to consolidate at high levels in the near term. Indian scrap drill tips FOB rose 9.52% to $110-120/kg, driven by the rally in China.

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