Markets

摘要

The tungsten market is evolving in terms of demand, butat a slower rate than had been predicted, the director ofinternational business at Russia’s main tungsten producerWolfram, Denis Gorbachev, told the Argus Metals Weekconference on 19 February.Transport accounts for 31pc of tungsten consumption, withother major uses including mining and construction (23pc),industrial applications (13pc), and defence (6pc). Applica-tions are set to change within the transport segment as itmoves from internal combustion engine vehicles to electricvehicles (EVs).