Export Controls Sees Further Price Hikes for Tungsten

IPMD.net reports China produces 90% of the world’s tungsten and the increasing demand for tungsten has led to tight export controls.

The market news is quoted as saying,

The price of tungsten APT is currently around $455 per tonne – up from $340 per tone in January, and the price of tungsten carbide powder (3 – 4 micron) has risen from $43 per kg to $56 per kg in the same period.

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