S&P Global proposes discontinuation of Platts US tungsten prices

S&P Global Commodity Insights is proposing to discontinue Platts US tungsten assessments, effective July 15, 2022.

The proposal reflects a lack of spot liquidity and trading observed, as well as changes in product flow and buying patterns.

Tungsten ore and APT are now typically imported in small volumes into the US, with pricing and production dominated by Chinese exporters on long-term contracts.

The assessments proposed for discontinuation include Tungsten Ore (MMAHA00), Tungsten APT (MMAHC00) and Ferrotungsten (MMAHK00).

Under this proposal, the final publication date for these assessments would be Thursday, July 14. Associated monthly averages would also be discontinued.

The assessments are published in Platts Metals Daily, on Platts Metals Alert and Platts Non Ferrous Metals Alert, in the Platts Market Center, Platts Dimensions Pro and in the Platts price database under the previously listed codes.

S&P Global seeks feedback on this proposal by April 28. Please submit feedback, comments and questions to PL_americas_metals@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by S&P Global for public viewing. S&P Global will consider all comments received and will make comments not marked as confidential available upon request.