European ferrotungsten prices cut APT price adjustment is suspended

Recently, European ferrotungsten 36.8-38 US dollars / kg tungsten, lower than the last low of 0.7 US dollars / kg tungsten. It is reported that although the summer break in Europe has tended to end, the European region is facing more serious energy problems, affecting the normal operation of steel mills, and the consumption of ferro tungsten has slowed down.

European APT 340-345 USD/t, flat from the last quote; China APT (FOB price) 327-337 US dollars / tonnage, flat from the last quotation. Recently, the domestic APT inversion has eased, the price is weak and stable, but the downstream follow-up is weak, the transaction is cold, and the market is waiting for the downstream demand to follow up.

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