Tungsten Carbide Cutting Tool Technology Promotes Chinese Tungsten Industry

Details: Category: Tungsten's News; Published on Wednesday, 05 November 2014 18:34

Tungsten carbide cutting tool’s main component is tungsten, and it is the most widely used end product in the industry chain of tungsten materials. Because its technological level directly reflects that of the tungsten industry in China and therefore is essential for whether China can turn from a country with large tungsten resources into a country with high tungsten related technology. Acknowledged by the rest of the world, China is rich in tungsten resources and ranks first around the world in tungsten resources, output, export and consumption. However, the advantage of rich tungsten resources has still far from being transformed into industrial advantage. The shortages of domestic tungsten industry, compared with the tungsten industry abroad, lie in: (1) the overall backwardness in technical equipment; (2) the weakness of independent innovation capability; (3) the oversupply of low-end and regular carbide cutting tool products and insufficient supply and technological reserve of high-end and high-property carbide cutting tools; (4) the dissociation between tungsten carbide material production and tungsten carbide cutting tool production, which has restrained the further development of high-end tungsten carbide cutting tools.

The above mentioned shortages are failed to be solved, so that currently, the supply of high-property tungsten carbide materials and high-end tungsten carbide cutting tools lies in the hands of some developed countries like America, Japan, etc. China then has to spend over 1 billion dollars to import those high-end products like tungsten carbide cutting tools each year. This kind of state of affair is extremely inconsistent with China’s status as a country with the most tungsten resources. China has to accelerate the development in tungsten powder material, high-property tungsten carbide material and cutting tool design, etc., and foster the technical and industrial advantages in the key links of tungsten industry, only by which can China’s tungsten carbide material, cutting tool technology and product quality be improved significantly and thus help China to turn from a country with large tungsten resources into a country with high tungsten related technology.

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