European APT Offers Narrow, Market Activity Slow Post-Summer Holiday
[SMM Tungsten Express] European APT offer ranges narrowed slightly to $2,900-3,100/mtu this week, with more lower-priced offers but limited actual transactions. High-priced deals remained near $3,100/mtu. As the summer holiday period nears its end, market activity has yet to recover noticeably, with both buyers and sellers remaining cautious. European tungsten scrap prices held steady at €90/kg or above, while Indian scrap prices also remained stable. The market is expected to remain in a narrow range in the near term, awaiting a gradual return of demand after the summer break.