Metal prices soften due to weakening demand

April 4, 2012

April 4, 2012

Chinese tungsten APT prices continued to soften in the first quarter of 2012 as a result of weakening global demand with the FOB China APT price declining from US$450-460/mtu at the end of September 2011 to $390/mtu at the end of March 2012. This compares with US$330/mtu at the beginning of 2011, and US$200/mtu at the beginning of 2010.

Tungsten carbide powder (FOB China) has also fallen from $58.50/kg in September 2011 to just under $52/kg at the end of March. The price of WC powder is, nevertheless, still double its level of $27/kg at the beginning of 2010.

Cobalt metal saw a peak of $30/kg in September 2011 and has since dropped back to around $30/kg, whilst copper has been steady at around $8300/mt for most of 2012 after having peaked at close to $10,000/mt in the summer of 2011.

Neodymium metal (99% FOB China) also continued its downward trend and was trading at $180/kg at the end of March 2012 compared with $440/kg in September 2011.

Posted by: Paul Whittaker, Editor, [email protected]   

News | Articles | Market reviews | Search directory | Subscribe to e-newsletter

April 4, 2012

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • Phoenix Sintered Metals: A story of transformation, growth and community from America’s PM heartland
  • World PM2024 Yokohama: The stage is set for the PM industry to find a path to sustainable growth
  • The state of Europe’s hard magnets industry and the challenge of optimising the mass production of Nd2Fe14B permanent magnets

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.


Browse the archive


Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
View online
Share via
Copy link