European Tungsten Market Surges 36%, APT Prices Hit $3,000/mtu Amid Tight Supply Conditions

Published: Mar 13, 2026 10:50
[SMM Tungsten Express] March 13: European tungsten market surged sharply. Latest APT transaction prices reached $3,000/mtu, skyrocketing 36% from yesterday. Driven by this, European carbide blade scrap offers jumped to €130-140/kg, up 29% from yesterday. Market sentiment turned exuberant amid tightening supply conditions.

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[SMM Tungsten Express] March 13: European tungsten market surged sharp - Shanghai Metals Market (SMM)