Tungsten Prices Soar 35%, Cemented Carbide Companies Cry Foul

Tungsten Price Trend from January to July 28, 2025

Analysis of Latest Tungsten Market from Chinatungsten Online 

On Monday, the frenzy of tungsten prices continued to unfold, with raw material prices reaching unattainable heights, leaving downstream cemented carbide companies in distress. 

Read more: Tungsten Prices Soar 35%, Cemented Carbide Companies Cry Foul

Surging 30%, Tungsten Ore Price Reaches RMB 190,000!

Tungsten Price Trend from January to July 25, 2025

Analysis of Latest Tungsten Market from Chinatungsten Online 

Tungsten prices rose strongly this week. 

Read more: Surging 30%, Tungsten Ore Price Reaches RMB 190,000!

Is It Normal for Tungsten Prices to Remain High?

Tungsten Price Trend from January to July 24, 2025

Analysis of Latest Tungsten Market from Chinatungsten Online

▏ Current Situation of Tungsten Price:

Read more: Is It Normal for Tungsten Prices to Remain High?

Molybdenum Market - July 25, 2025

Molybdenum copper sheet picture

Molybdenum market update on July 25, 2025

This week, domestic molybdenum market exhibited a pattern of initial suppression followed by a rebound. At the beginning of the week, the market entered an adjustment phase after a rapid price increase, compounded by declining steel mill tender prices and low downstream procurement inquiry activity, prompting suppliers to slightly lower quotations to facilitate transactions.

Read more: Molybdenum Market - July 25, 2025

Tungsten and Molybdenum Exploration Investment Grew in the First Half of 2025

Image of a Mine

Recently, the Ministry of Natural Resources released a statement indicating that in the first half of 2025, China achieved significant breakthroughs in mineral exploration for key mineral types, discovering 38 new mineral deposits, an increase of 31% year-on-year, including 25 large- and medium-sized deposits. Exploration investments in non-oil-and-gas minerals such as tungsten and molybdenum continued to grow.

Read more: Tungsten and Molybdenum Exploration Investment Grew in the First Half of 2025

 

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