Tungsten prices5 Mar 2018 16:20
MB NON-FERROUS PRICE CHANGES 02/03: Noble alloys, bulk alloys & ores
The following Metal Bulletin noble alloys, bulk alloys and ores prices changed on Friday March 2:
Noble alloys Molybdenum Europe drummed molybdic oxide, $/lb: $13.00-13.20 per lb from $12.80-12.85 Molybdenum US canned molybdic oxide, $/Ib $12.90-13.10 per Ib from $12.60-12.75 Ferro-molybdenum basis 65% min, in-warehouse Rotterdam, $/kg Mo: $31.00-31.30 per kg from $30.60-30.75 Ferro-molybdenum US 65-70% Mo, $/Ib: $14.10-14.50 per Ib from $13.80-14.05 Tungsten European free market APT, $/mtu: $322-330 per mtu from $319-326 Ferro-tungsten basis 75% W Rotterdam duty unpaid, $/kg: $42.70-43.50...
I have to say if Tungsten prices hold at these levels allied to what appears to be happening to the supply chain (outside of China ) which remains extremely tight ... Its a fair bet to say that this can only go one way from where it is right now ..based on the targeted production levels expected later this year all imho of course