Price, date keeping tungsten flat; market looking for revival in 2007
Dec 18, 2006 | 10:39 AM
| Meghann McDonell
Tungsten sales remain flat as buyers continue to hold out for lower prices in an already slow seasonal market, sources said Monday. Buying generally dries up toward the end of December, but this year's lack of activity is also a reflection of the metal's high price.
"Things have been quiet for a while now, with people holding back and running their inventories down," a trader said. "We're in uncharted waters with these numbers."....
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