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Tungsten – Global Supply/Demand Dynamics Improve Pricing Outlook
Recent years characterised by oversupply and falling ammonium paratungstate (‘APT’) prices now look set to reverse. The global tungsten (or Wolfram) market is projected to grow at a CAGR of 5.51% between 2018-2022 as underlying demand from key sectors, including automotive, aerospace, chemical, electrical components and mining, gathering pace at a time when more rigorous enforcement of environmental regulation by China, the metal’s significantly dominant supplier, is being seen to curb supply.
21 Nov 18
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