A brief overview of tungsten price developments, supply and demand, and significant market movers.
Steel prices fell in June, according to independent steel consultancy firm MEPS. The drop in prices, caused by falling raw material costs and a flood of imports due to the weak global economy, has put downward pressure on already flat US steel prices.
Ferro-tungsten prices fell over 3 percent in Europe compared to last week following a reverse tender internet auction that knocked $2.25/kg off the metal’s price. The European economy and summer slowdown have been putting a damper on ferro-tungsten prices.
APT tungsten prices, however, have remained stable, ranging between $395 and $405/mtu, according to Metal-Pages.
The US Securities and Exchange Commission is set to meet on August 22 to publicly vote on two conflict minerals rules required by the Dodd-Frank Wall Street Reform law. One of the rules being voted on requires companies to disclose whether they use conflict tantalum, tin, gold, or tungsten from the Democratic Republic of the Congo.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1830.34 | +11.77 | |
Silver | 20.99 | +0.17 | |
Copper | 3.80 | +0.02 | |
Palladium | 2002.00 | +133.00 | |
Platinum | 932.00 | +22.00 | |
Oil | 113.38 | +1.62 | |
Heating Oil | 4.09 | -0.02 | |
Natural Gas | 6.69 | +0.12 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â