Tool manufacturers continue to battle excessively high material costs

APT prices have more than doubled since early 2010

Manufacturers of carbide tools for use in the wood and furniture industry continue to face high material costs, according to the Eumabois Toolgroup and the precision tool group within the Frankfurt-based German machinery and plant construction association VDMA. Prices for ammonium paratungstate (APT), which is used in ...

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