Metal-Tech Boosted by Rise in Tungsten Prices

IBTimes reported tungsten price increases boosted first-half revenues at speciality metals recycler Metal-Tech (LON:MTT).

The market news is quoted as saying,

Revenues increased by 40% to $29.9m and there was a gross profit of $3.9m compared with a loss of $0.3m last time due to due to tight cost control measures and the increase in tungsten prices.

For the complete market news, click here.