Tungsten News

Tungsten News
Tungsten Market Pressured by Weak Demand and Export Issues 47

Analysis of latest tungsten market from Chinatungsten Online Tungsten prices have remained weak, with a stalemate in market supply and demand dynamics. Sellers set prices with reference to the difficulty of replenishing tungsten ore and the long-term contract prices of large tungsten enterprises, while buyers, facing sluggish demand, generally inquire with price reductions. Overall, tungsten market trading is under pressure, and participants are awaiting news related to the National People’s Congress and Chinese People’s Political Consultative Conference in March, as…

Tungsten News
Weak Tungsten Prices, Volatile Cobalt Market 45

Analysis of latest tungsten market from Chinatungsten Online Tungsten prices have exhibited a weak trend, accompanied by negative market sentiment. This is primarily attributed to the recovery cycle of the tungsten raw material supply chain since the first lunar month of the Chinese calendar. However, the demand side remains sluggish, particularly as exports have been affected by certain policies. Consequently, pressures from the overall imbalance between supply and demand in the tungsten market have intensified, leading traders to adopt a…

Tungsten News
Tungsten Waste and Scrap Market Weakens 60

Analysis of latest tungsten market from Chinatungsten Online The tungsten market is under pressure, with insufficient domestic demand incentives and a challenging foreign trade environment. Participants adopt a cautious approach, leading to sluggish market shipments and softened quotes. Despite the relatively tight supply of tungsten ore resources, the release of downstream procurement demand has fallen short of expectations, causing market confidence to decline and transactions to remain weak. Consequently, the price of 65% wolframite concentrate is reported to be around…

Tungsten News
Potential Tungsten and Tin Resources Discovered in Victoria 43

According to media reports, the Resources Victoria, Australia, in collaboration with the United States Geological Survey, has recently completed a study on granites located in central and eastern Victoria. This study has, for the first time, confirmed the potential presence of tin and tungsten resources in these granite regions. Tungsten, an essential industrial metal, plays a crucial role in high-precision manufacturing due to its exceptional hardness and density. It is widely used in the manufacture of cutting tools, drilling equipment,…

Tungsten News
Tungsten Powder Prices Decline 47

Analysis of latest tungsten market from Chinatungsten Online Tungsten prices remained stable on Monday, as the tug-of-war between market supply and demand remained intense. Overall trade confidence was under pressure, and transaction prices mainly referred to the long-term contract prices of major tungsten enterprises. According to a survey by China Tungsten Online, export control measures for tungsten-related items imply stricter market access conditions. As a result, the operating capacity of Chinese smelting enterprises has decreased. These enterprises are currently re-examining…

Tungsten News
The Import Volume of Tungsten Ore in the United States Dropped by Nearly 9% in 2024 54

According to data from the United States Geological Survey (USGS), in 2024, the import volume of tungsten ore and concentrate in the United States will be about 1,500 tons, a year-on-year decrease of about 8.54%; the import volume of other tungsten products will be about 8,900 tons, a year-on-year decrease of about 11.00%; the export volume of tungsten ore and concentrate will be about 2,000 tons, a year-on-year increase of about 10.42%; the export volume of other tungsten products will…

Tungsten News
Yunnan Mangshi Dalu Factory Tungsten-lead Mine Development Plan Passed Review 44

It was learned from the website of the Ministry of Natural Resources that according to the “Notice of the General Office of the Ministry of Natural Resources on Issuing the Guidelines for the Preparation of Mineral Resources (Non-Oil and Gas) Development and Utilization Plans” (Natural Resources Office [2024] No. 33) and other relevant regulations, the Oil and Gas Resources Strategic Research Center of the Ministry of Natural Resources organized experts to review the “Tungsten-Lead Mine Mineral Resources Development and Utilization…

Tungsten News
Tungsten Enterprise Guided Prices Reduced 46

Analysis of latest tungsten market from Chinatungsten Online Tungsten prices have come under overall pressure and declined this week. The tungsten market is currently in a delicate phase characterized by insufficient effective domestic demand and an unstable international trade environment. Profits in the smelting sector are squeezed by costs and consumption, while export controls, tariff barriers, geopolitical conflicts, and other disturbances continue to impact the market, leading to a cautious and stalemate situation. Yesterday, tungsten enterprises successively announced their guided…

Tungsten News
Tungsten Concentrate and Ammonium Paratungstate Prices Fall 60

Analysis of latest tungsten market from Chinatungsten Online Tungsten prices are under pressure and consolidating, with weak coordination between the demand and supply sides. Actual transaction activity is slightly weaker, and the market is watching the performance of long-term purchase prices by tungsten enterprises in the second half of the month. The price of 65% black tungsten concentrate is $20,281.7/ton. Although production has gradually resumed, there has been no significant improvement in downstream consumption capacity and willingness. This has affected…

Tungsten News
Global Tungsten Reserves Rose by Nearly 5% in 2024 166

Recently, the United States Geological Survey (USGS) released the global tungsten production and reserves in 2024, as well as the situation of the U.S. tungsten industry. The following is the relevant content compiled by China Tungsten Online. Global tungsten reserves and production in 2024 World tungsten supply was dominated by Chinese production and exports. Tungsten concentrate production outside China was estimated to have increased in 2024 but remained around 20% of total world production, owing in part to the addition…

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