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PITTSBURGH (Asian Metal) 18 Apr 11, The US tantalum market remained relatively steady this week even as distributors reported sustained demand through the first two weeks of the second quarter . A large US-based trader, who moves around 3tm domestically, noted that while prices had increased significantly over the past year, it would take very strong buying to see the same rate of growth from 2010. Sources note, however, that with most suppliers still reporting a lack of scrap material domestically, an uptick in demand could very quickly spike prices upwards.
Superalloy demand for tantalum, which pushed up tantalum prices in 2010, is strong enough to keep pricing high but has not seen any recent surge that would be required to put pressure on the market. I don’t have any intention on replenishing my supply so I should wait until I think the price is peaking. Traders expect more buying activity, however, before the historically slow summer period.