Russia’s President Vladimir Putin has issued an order for the resumption of tungsten production in Russia, with the aim to ensure its regular supplies for the needs of the domestic industrial production.

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Global Tungsten Carbide Market Research Report

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The tungsten market started off with low prices at the beginning of 2016, a theme that seemed consistent throughout most of the year. Tungsten’s price has remained below $200 MTU, and it appears as though it’s been that way through to December.