In February 2025, China’s tungsten products imports reached 1,399.82 tons, reflecting a year-on-year increase of 48.99%. Among these, imports of tungsten powder amounted to 4,061 kilograms, surging by 564.65% year-on-year; tungsten wire imports totaled 327 kilograms, up 15.14% year-on-year; sodium tungstate imports reached 277.76 tons, increasing by 6.36% year-on-year; tungsten carbide imports dropped to 11.77 tons, down 26.57% year-on-year; and tungsten trioxide imports stood at 4,855 kilograms, rising by 61.83% year-on-year.

The price trend of molybdenum in China in March 2025 showed an initial decline followed by a rise, with the total steel procurement volume at approximately 15,000 tons.

In March 2025, praseodymium and neodymium prices were relatively stable, while the prices of dysprosium and terbium experienced significant volatility.

In the first quarter of 2025, China tungsten market exhibited a trend of initial rise followed by a decline, with supply-demand contradictions becoming prominent.