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Chinese FeW Price Kept Steady

  • Friday, August 15, 2014
  • Source:ferro-alloys.com

  • Keywords:FeW W concentrates APT ferrotungsten
[Fellow][Ferro-Alloys.com]Chinese W concentrates was offered at RMB-/mt.

[Ferro-Alloys.com]Chinese W concentrates was offered at RMB106,000-107,000/mt (USD17,377-17,540/mt, export duty excluded). Downstream smelters depleted former inventory and actively supplemented materials, but lower buying price made miners unwilling to sell. So the entire deals were slim.

FeW70 was offered at RMB178,000/mt (USD29,180/mt, export duty excluded), as steel mills ordinarily sent low inquiries. FeW suppliers insisted on their quotations, so buyers and sellers came to a deadlock. FeW producers reported a low operation rate, and are expected to resume production in August.

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  • [Editor:Mango]

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