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  European Tungsten Market Surged Significantly This Week, APT Rose Over 13%, Scrap Strengthened Simultaneously [SMM Overseas Tungsten Weekly Review]

  [SMM Overseas Tungsten Weekly Review: European Tungsten Market Surged This Week with APT Up Over 13% and Scrap Also Strengthened] As of February 19, prices for tungsten raw materials and scrap in the European market climbed across the board. SMM data showed that the average CIF Rotterdam price for ammonium paratungstate (APT) was $1,800/mtu, up 13.56% WoW; the average price for ferrotungsten was $200/kg W, up 1.5% WoW. The scrap market also strengthened, with the average price for European scrap tungsten drill bits at €90/kg, up 12.5% WoW; offers for scrap tungsten alloy blades rose to €89/kg. In the Indian scrap tungsten market, offers held steady, with FOB prices basically flat WoW.

• MMi Daily Iron Ore Report (February 19)

• MMi Daily Iron Ore Report (February 16)

• [SMM Analysis] China Accelerates the Construction of a Peripheral Copper Resource Supply Belt

  [SMM Analysis: Key Anchor in Great Power Rivalry: The U.S. "Project Vault" and the Changing Resource Landscape in Latin America] Amid the current accelerated reshaping of the global resource competition landscape, China's copper concentrate import pattern is undergoing a profound structural transformation. The latest trade data from 2025 clearly outlines this trend: China is significantly enhancing its capacity to acquire copper concentrate resources from neighboring countries.

• SMM Chinese New Year Holiday Price Update Notice

  As the Chinese New Year holiday is around the corner, Shanghai Metals Market (SMM) hereby informs you of our metal price update arrangement during the holiday period to ensure you can make proper arrangements for your work and business.