Tungsten is adecent carbide well utilized as a part of rapid steels and hot framing apparatus steels, maintenance of hardness and high temperature quality of the matrix. It is a steel dark metal that expands temperature and red hardness, improves growth and enhances durability of steels.

The report high speed tungsten steel market research report highlights key dynamics of global high speed tungsten steel sector. The potential of the sector has been investigated along with the key challenges. The current market scenario and future prospects of the sector has also been studied. Additionally, prime strategical activities in the market which includes product developments, mergers and acquisitions, partnerships, etc., are discussed.

The report covers the market projection and analysis of high speed tungsten steel market research report on a global as well as regional level. The report is a composition of first-hand data, quantitative and qualitative valuation by industry analysts, contributions from industry experts along with their latest verbatim and every industry players through the value chain. The experts have further evaluated the overall sales and revenue generation of this market. Further, the report renders comprehensive analysis of root market trends, macro-economic indicators and various governing elements, along with market enhancements according to each segment. Also, the report comprises of various profiles of fundamental market players of Tungsten High Speed Steel market.

With thorough market segment in terms of different countries, this report divides the global market into a few key countries, with sales (consumption), revenue, market share, and growth rate of tungsten high speed steel in these countries over the forecast period.

Furthermore, this market report is segregated with reference to various product types and their respective applications. The product types are conglomerated keeping in focus the production, revenue, price, market share, and growth rate of every single type. Besides, based on their applications, the report focuses on consumption, market share, and growth rate of high speed tungsten steel in each application.

Ultra-low profile tungsten carbide gripper inserts are designed for ultra-low profile 0.14" (3.5mm) clamping with no dovetail workpiece preparation. These patented triangular grippers feature two rows of teeth at different angles with a 5° taper to maximize the pull-down effect, divide the clamping force, absorb vibration, and allow for high stability and secure workholding. Already integrated with the line of vises, the inserts are ideal for upgrading existing vise jaws and more.

With only 3.5mm of clamp surface needed to securely hold the workpiece, tungsten carbide gripper inserts are ideal for 5-axis machining operations. These durable inserts combine a tough-coated cemented carbide with specialized teeth and triangular shapes that penetrate materials including steel, hardened steel/titanium (up to 50HRC to 54HRC) and aluminum.

Tungsten carbide gripper inserts offer advantages over traditional clamping systems including exceptional clamping stability, no need for pre-machining or dovetailing workpieces, vibration dampening and allowing for very secure holding at lower clamping forces. This results in a higher cutting rate and less waste of materials than traditional clamping systems.

China’s tungsten concentrate prices are expected to average higher in 2017 preview thanks to improving demand, although oversupply – such as stocks held in the Fanya Metal Exchange – will continue to weigh on rises. Stock digestion is still the theme of the market for next year. But the range of price moves may be higher than this year as overall the market is in the process of recovery after it reached a historical low in 2015.

China produced 108,596 tonnes of tungsten concentrate in the first ten months of 2016, down 5.35% year-on-year, data from the country’s National Bureau of Statistics showed. 

Chinatungsten Online assessment for 65% content tungsten concentrate reached 72,000-75,000 yuan ($10,438-10,872) per tonne on Wednesday December 14, up by more than 15% in the year and up to 41% higher than its lowest level of 51,000-54,000 yuan per tonne on November 4, 2015. 

"The market price can’t stay below production costs for a long time; it’s not sustainable and is abnormal," a source from a local miner said. 

"Tungsten is an important strategic metal. I think its price is undervalued; the price increase this year is much smaller than those of other commodities," a tungsten products producer said. 

Average tungsten concentrate production costs in China are recognized at around 80,000 yuan per tonne, according to sources. 

Improved demand, consumption will support prices 
Tungsten concentrate market prices are expected to fluctuate between 75,000 and 80,000 yuan per tonne in 2017, higher than this year’s average of 68,000-70,000 yuan, thanks to consumption of low-priced inventory as well as improving demand.

Market participants expect the Chinese government to announce further plans to buy tungsten concentrate next year, after more than 30,500 tonnes of 65% content tungsten concentrate was purchased in 2016. China’s State Reserve Bureau (SRB) issued five tenders to buy tungsten concentrate in 2016, four of which were successful at reported prices of about 75,000-82,500 yuan per tonne. 

"I think price trend in next year will be similar to this year. Now the market-recognized price bottom for concentrate is about 65,000 yuan per tonne and APT(ammonium paratungstate) is around 105,000 yuan per tonne, once prices reach this level, players will enter the market to buy," a major trader said. 

"Due to the weak market last year and this year, most users kept their stocks at low levels. Now with decreased miner production, SRB’s purchases, and the consumption of some existing inventory, the price should rise somewhat next year," an APT smelter said. 

A Jiangxi-based trader echoed these views, saying that the supply of the raw material in overseas markets, such as Russia and Canada, would also support this price projection for 2017. 

In the first three quarters of this year, China’s tungsten products exports to Europe rose by 39.5% year-on-year, by 4.6% year-on-year to Japan and by 12.1% year-on-year to South Korea. Exports dropped 19.7% to the USA, according to data from China customs. 

Conversely, APT stocks owned by the failed Fanya Metal Exchange was described as a time bomb by market players and is one of the main factors that could suppress price rises for years to come. 

"I don’t think prices can increase much next year, because if prices rise too high it may draw Fanya’s 29,651 tonnes of APT stock into the market, as the country is still hoping to find a better way to return money to Fanya investors," a second trader based in Jiangxi said. 

"For now, no one knows [what will happen to] Fanya’s cargo, but it still is a big concern to the market," the smelter source added. 

To address excessive production, Beijing has been promoting supply-side reforms, which government-led moves are underway to consolidate producers, slash output and build up reserves. And while those efforts have struggled to make progress in the steel, coal and aluminum industries, they are gradually bearing fruit in the rare metals industry.

In April, China increased its reserves of tungsten, a rare metal used in carbide cutting tools, by 10,000 tons, or roughly 10% of the country's annual output. Prices of ammonium paratungstate, an intermediate material used as a stand-in for tungsten in pricing, had been holding below $200 per 10kg since last autumn, but they have since risen to around $210.

In March, China's eight major mining companies said that they were cutting production for the current year by 15% on the year. A trading house official said the companies have since agreed to raise the target to 20%.

Thanks to government-led stockpiling efforts, prices of rare-earth metals used in the manufacture of high-tech products have been climbing of late. The international spot price of neodymium, used in high-performance magnets, stands at about $56 per kilogram, while that of dysprosium is about $265 per kilogram. Both are up by 3% to 10% since May.

As for why supply-side reforms are working with rare metals but not for other commodities, compared with the industry's smaller size, steel, which makes it easier for the government to take control. Consolidation efforts, cooperative production cuts and increased reserves are supporting prices.

Demand trends are another actor. Demand for rare-earth metals is generally strong across the globe for use in high-performance motors for electric vehicles. For antimony, however, demand from Japan and Western economies for use in home appliances and for housing-related purposes is largely weak. Demand for the metal is also falling in China and other countries as electric bicycles switch from lead batteries to lead calcium batteries. Likewise, tungsten demand for carbide tools is declining due to stagnating mine development.

In the rare metals market, supply-side factors are sending prices higher. Whether the upward momentum continues, however, will likely depend on changes in demand.

Layered two-dimensional (2D) transition metal dichalcogenides (TMDs) — like tungsten disulfide or molybdenum disulfide — are attractive for electronics applications because you can manipulate their band gap simply by adjusting the number of layers used.

Being solid carbide milling tool increases tool life by up to 50% in austenitic stainless steels and nickel-base alloys. Tool operates best on machines having external coolant supply. Product uses asymmetrical helix angles between 35° and 38° which results in low susceptibility to vibration thereby increasing process reliability. Minimizing build-up on cutting edge, unit is coated with Titanium Aluminum Nitride which increases tool service life.

Some companies have introduced the solid carbide mill, positioned with the Advance product line designation. Advance referring to mid-level performance and price. Advance tools are one part of a group of solid tools labeled either Supreme (high-level performance and price), Advance (mid-level performance and price) or Perform (low-level performance and price). Which is a family of solid carbide milling tools that can increase tool life by up to 50 percent in austenitic stainless steels and nickel-base alloys.

The geometry has been designed to optimize the machining of stainless materials from the ISO M material group as well as for secondary applications in ISO S materials. The new tool family is engineered to operate most efficiently on machines having an external coolant supply.

A tough carbide substrate  is used to provide superior machining reliability. In addition, process reliability is boosted by the mills’ low susceptibility to vibration by incorporating asymmetrical helix angles between 35° and 38°. The tools’ coating, a proprietary recipe of Titanium Aluminum Nitride designed and produced by Walter, increases tool service life and minimizes build-up on the cutting edge.

The technology of flight research and development has caught up with developed countries, but there has been big problem for the short of raw materials, which are mainly in rare earth metals with high performances, such as rhenium.

Rhenium is a metal with melting point of 3,180℃, similar to tungsten, which is 3,308℃.

Rhenium owns good physical and chemical performances, which results to a wide application in heat resistance parts in aerospace. One of the main use is as additive of 3% ~ 7% in flight engine Ni-based single crystal blade for its deformation and cracking resistance.

Engine Blade

Engine schematic

Engine 3D view

The reserve of rhenium all over the world is really rare with a whole quantity of proven quantity of 2,500tons and whole resource of 7,300~10,300 tons. But it is reported as only 237tons in China by Kunming Institute of Precious Metals.

Rhenium is significant and necessary metal in the development of flight engine, but its shortage has been some restriction for the research. Importing Re or finding alternative metals have been a new research for Chinese aerospace development.

In the 11^th Aerospace Expo held in Zhuhai on Nov. 1^st, AH4 155 mm ultra-light howitzer was displayed in the indoor Weapons Museum.

Even in today’s digital age, the world still relies on paper and ink, most of which ends up in landfills or recycling centers. To reduce this waste, scientists have now developed a low-cost, environmentally friendly way to create printed materials with rewritable paper, which is made out of tungsten oxide and a common polymer used in medicines and food.

The U.S. has been working to reduce paper waste by increasing recycling efforts for years. According to the Environmental Protection Agency, more paper is now recovered for recycling than almost all other materials combined. This saves energy, water, landfill space and greenhouse gas emissions. But even more waste could be avoided if consumers could reuse paper many times before recycling or trashing it. So far, however, such products under development often are made with toxic, expensive organic dyes.

The researchers created a film by mixing low-toxicity tungsten oxide with polyvinyl pyrrolidone. To "print" on it, they exposed the material to ultraviolet light for 30 seconds or more, and it changed from white to a deep blue. To make pictures or words, a stencil can be used so that only the exposed parts turn blue. To erase them, the material can simply sit in ambient conditions for a day or two. To speed up the erasing, the researchers added heat to make the color disappear in 30 minutes. Alternatively, adding a small amount of polyacrylonitrile to the material can make designs last for up to 10 days. Testing showed the material could be printed on and erased 40 times before the quality started to decline.

Tungsten carbide dental drill is available in various designs. Tungsten carbide dental drill is basically composed of an air turbine, a hand-piece and tungsten carbide drill bit. Hand piece is a tube shaped slender connecting drill bit with the driving motor. Drill bit is the essential part of tungsten carbide dental drill. Tungsten carbide dental drills are constructed from a variety of raw materials such as metals and polymers. The most advance hand piece is made with titanium. Electric operated tungsten carbide dental drill generate large amount of heat. It performs cutting action smoothly. Tungsten carbide dental drill is frequently used by dentists and dental practitioners for treating cavities in diseases such as dental caries and abscesses, as to restore teeth. It bores through tooth enamel and removes or clean plaque from the surface of the tooth. After drilling the tooth completely, accurately and properly, it is prepared for filling with suitable material and crown to strengthen teeth. It also helps in reducing further damage. New innovations and technological advancement are replacing tungsten carbide dental drill with lasers. Nowadays, a new method known as air-abrasive technology is used by dentists of treating cavities. In this new method dentist blasts away parts of the tooth surface without using a drill.

Dentistry is defined as the evaluation, diagnosis, prevention, and/or treatment of diseases, disorders, and/or conditions of the oral cavity, maxillofacial area, and/or the adjacent and associated structures using surgical, nonsurgical, or related procedures. Concern for oral care is increasing due to rising prevalence of tooth decay, periodontal diseases, tooth erosion, and tooth sensitivity Dentists use various tools for different procedures such as removing cavity and cleaning teeth. These tools are made of metals such as stainless steel and tungsten carbide.


 

North America dominates the global market for electric operated tungsten carbide dental drill due to large number of aging population and increasing concern of oral hygiene. Asia is expected to show high growth rates in the next five years in the global electric operated tungsten carbide dental drill market. China and India are expected to be the fastest growing electric operated tungsten carbide dental drill markets in Asia-Pacific region. Some of the key driving forces for electric operated tungsten carbide dental drill market in emerging countries are large pool of patients, increasing healthcare expenditure and rising government funding.

In recent times there is increased use of electric operated tungsten carbide dental drill due to increasing incidence of dental disorders. Rise in aging population, increasing number of dental clinics and technological advancement are some of the key factors driving the growth for global electric operated tungsten carbide dental drill market. In addition, increasing healthcare awareness is also fuelling the growth of global electric operated tungsten carbide dental drill market. However, high cost of dental instruments, alternative technologies such as laser and brand loyalty are some of the major factors restraining the growth for the global electric operated tungsten carbide dental drill market.

Cosmetic dentistry would develop opportunity for global electric operated tungsten carbide dental drill market. However, lack of reimbursement for dental procedures could lead a challenge for the global electric operated tungsten carbide dental drill market.