Scrap Tungsten Bar Price Reduced - September 12, 2025

Analysis of Latest Tungsten Market from Chinatungsten Online

This week, the tungsten market overall fluctuated at a high level. With the conclusion of the September 3rd military parade and the doubling of prices for major tungsten products compared to the beginning of the year, market sentiment shifted, with overall risk appetite declining and fear of high prices increasing.

Since the parade, mine and smelter operating rates have rebounded somewhat, easing supply chain tensions to some extent and dampening the previous bullish sentiment driven by supply shortages. Holders are increasingly willing to cash out at high prices, leading to a relative easing of resource release. However, the perceived scarcity of tungsten as a key mineral continues to underpin the market's long-term bullish sentiment, limiting willingness to discount prices on the raw material side. Supported by cost factors, prices for major tungsten products have remained stable.

However, the scrap tungsten recycling sector has been more sensitive to market fluctuations. This week, increased profit-taking and some panic selling have occurred in the market, pushing down scrap tungsten recycling prices.

As of press time,

65% wolframite concentrate was priced at RMB 286,000/standard ton, up 2.1% week-on-week and 100% year-on-year.

The price of 65% scheelite concentrate was RMB 285,000/ton, up 2.2% week-on-week and 100.7% from the beginning of the year.

The price of ammonium paratungstate (APT) was RMB 416,000/ton, up 2.7% week-on-week and 97.2% from the beginning of the year.

The price of European APT was USD 535-550/mtu (RMB 337,000-347,000/ton), up 4.3% week-on-week and 64.4% from the beginning of the year.

The price of tungsten powder was RMB 645/kg, up 2.4% week-on-week and 104.1% from the beginning of the year.

The price of tungsten carbide powder was RMB 630/kg, up 2.4% week-on-week and 102.6% from the beginning of the year.

The price of 70% ferrotungsten was RMB 410,000/ton, up 2.5% week-on-week and 90.7% from the beginning of the year.

The European ferrotungsten price was USD 81-82/kg W (RMB 404,000-409,000/ton), a 10.4% week-over-week increase and an 85.2% increase since the beginning of the year.

The price of scrap tungsten bar was RMB 430/kg, a 2.3% week-over-week decrease and a 95.5% increase since the beginning of the year.

Prices of Tungsten Products on September 12, 2025

Tungsten Price Trend from January to September 12, 2025

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