US Tungsten Scrap Dealers Report Strange Market Behavior
Market fundamentals suggest that the tungsten scrap market should be thriving, but those in the industry are making reports to the contrary.
Market fundamentals suggest that the tungsten scrap market should be thriving, but those in the industry are making reports to the contrary.
A strong growth in Chinese consumption, an unlikely substitute for the metal, and the high cost of getting new mines into operation will likely support tungsten prices over the next five years.
Scrap recycling is an important facet of the globe’s tungsten supply, with approximately 30% of the world’s tungsten coming from recycled material.
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