Tungsten prices stabilise

March 3, 2014

Prices for tungsten, the key material used for producing cemented carbide tools, heavy metals, and other powder metallurgy products have stabilised in recent months. According to a report in the Nikkei Asian Review the price of ammonium paratungstate (APT), the intermediate material of tungsten, is currently priced at around $372-$382 per 10 kg. 

Prices declined by about 10% from peaks at the end of August last year largely because of producers rushing to unload inventory before year-end. The fall, however, has been slowing down since the end of last year as can be seen in the Fig. 1.  The price of tungsten carbide powder (3-4 micron) was also reported stable at $46/kg (Metal Pages, March 2014) compared with $53/kg in August 2013.


CAP: Fig. 1 Tungsten prices shown in dollars per 10 kg (Courtesy Nikkei Asian Review) 

However, as Fig. 1 shows the lowest price for tungsten in 2013 remains almost double those seen five years ago. Nevertheless, unlike some other critical and rare metals, the price of APT is relatively stable. The price of neodymium, a rare metal used for making high-performance magnets, has for example collapsed recently after increasing by a factor of ten over the past five years.

Recent issue of Powder Metallurgy review - your go-to resource to stay updated on the world of powder metallurgy and metal powders

In the latest issue of PM Review…

PM Review Spring 2023

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • GKN Powder Metallurgy: A strategic vision for the future of permanent magnets for EVs
  • Building trust in the Powder Metallurgy industry: The role of standardisation and an update on recent work by ISO/TC 119
  • High-volume powder production for Additive Manufacturing: SMS group’s continuous metal powder production process
  • Development of enhanced-performance PM brake pads for high-speed trains by Beijing Tianyishangjia New Material Corp., Ltd.
  • The START project: Creating a sustainable supply chain for green energy harvesting products by Powder Metallurgy
  • World PM2022: Reviewing three innovative methods for metal powder production

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

From the industry…

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.


Browse the archive


Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
Download PDF
Share via
Copy link