China: tungsten price still rising on tight supply
Chinese tungsten prices are still rising on the back of tight supply of tungsten concentrate, said market sources. "It is very difficult to secure tungsten concentrate now in the market, you can find some cargoes like five tonnes, but if you're looking for 20 or 30 tonnes, then it's tricky, said a ferro-tungsten producer in Hunan. Tungsten concentrate is trading at 85,000-86,000 yuan ($12,484-12,630) on Wednesday, up 500-1,000 yuan from last week; a small number of...
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