Tungsten News

Tungsten News
Tungsten Market Stalemate Persists – June 17, 2025 37

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices continue to stabilize, and the supply-demand stalemate continues. On the one hand, the scarcity of tungsten resources and the value attributes of strategic resources continue to support the market. On the other hand, buyers are afraid of high prices and have no intention to follow up with more mining, and transactions are negotiated on a case-by-case basis. The market volatility trend is not clear yet, and participants generally take a…

Tungsten News
The Rare Earth Permanent Magnet Sector Performed Strongly 29

The first U.S.-China economic and trade consultation mechanism meeting was held in London on June 9-10, 2025. Reports indicate that both sides reached a framework agreement in principle to implement the consensus from the June 5 leaders’ call and the Geneva talks. The U.S. Commerce Secretary stated that the trade framework and implementation plan with China should resolve restrictions on rare earths and magnetic materials. In the context of the meeting’s focus on rare earths and technology exports, the rare…

Tungsten News
Molybdenum Market – June 16, 2025 49

Molybdenum market update on June 16, 2025 At the beginning of the week, the domestic molybdenum market exhibited a weak trend. As earlier bullish factors fade, raw material suppliers’ confidence in maintaining prices has weakened, leading to a thickening atmosphere of market caution. In the short term, industry players are adopting a cautious stance toward future market conditions. According to CTIA GROUP LTD, the previous price increase was supported by tight molybdenum concentrate spot supply and steady downstream demand, prompting…

Tungsten News
Rare Earth Market – June 16, 2025 58

Rare earth market update on June 16, 2025 At the beginning of the week, the domestic rare earth market exhibited a weak trend, with limited supplier price concessions and lackluster downstream demand growth leading to a subdued trading atmosphere. Some product prices saw a slight downward shift, and market participants expressed cautious confidence in future prospects. Today, praseodymium-neodymium metal, terbium oxide, and dysprosium-iron alloy prices dropped by approximately 2,000 yuan/ton, 50 yuan/kg, and 20,000 yuan/ton, respectively. However, bolstered by robust…

Tungsten News
Tungsten Prices Experience a Slight Periodic Decline – June 16, 2025 242

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices show a periodic correction feature, and the profit-taking sentiment of holders and the increase in price-cutting inquiries from buyers have increased, so the overall downward adjustment transaction has increased slightly. However, due to the outstanding contradiction between the support of the raw material end and the cautious mining on the consumer end, the market actual order transaction volume is not large, and the transaction price fluctuation is limited. The tungsten…

Tungsten News
Molybdenum Market – June 13, 2025 39

Molybdenum market update on June 13, 2025 The domestic molybdenum market is currently in a high-level stalemate phase, with a mix of bullish and bearish factors leading to a somewhat stagnant negotiation atmosphere between buyers and sellers. Product prices remain relatively stable, and actual transaction volumes are moderate. According to CTIA GROUP LTD, influenced by the recent significant rise in molybdenum raw material prices, several molybdenum wire production companies have raised their product prices since June. For instance, the price…

Tungsten News
Rare Earth Market – June 13, 2025 170

Rare earth market update on June 13, 2025 The domestic rare earth market is experiencing poor conditions, with most product prices continuing to decline. Praseodymium-neodymium metal, terbium oxide, and dysprosium-iron alloy prices have decreased by approximately 3,000 yuan/ton, 50 yuan/kg, and 10,000 yuan/ton, respectively. This is primarily due to prolonged weak downstream demand and an increase in spot market inventory. However, influenced by strong production cost support, high overseas rare earth prices, and the expanding applications of rare earths, suppliers…

Tungsten News
Tungsten Prices Temporarily Stable – June 13, 2025 207

Analysis of Latest Tungsten Market from Chinatungsten Online This week, tungsten prices showed a sideways trend, and divergent opinions in the market suppressed the overall transaction volume. Suppliers on the raw material side were reluctant to sell, tending to maintain a high quotation and waiting for downstream adaptation. The purchasing willingness on the consumer side was sluggish due to high costs, and the on-demand purchase strategy was implemented to reduce risks. The number of traders taking profits increased, increasing the…

Tungsten News
[Know Tungsten] Tungsten Bucking Bar for Shipbuilding 41

The tungsten bucking bar is used in the riveting process in shipbuilding, primarily as a support tool during the installation of fasteners. It is placed on the back of the rivet to counteract the impact force from the rivet gun or hammer, forming a solid rivet head while reducing vibration and recoil, ensuring the strength of the connection. Tungsten alloy possesses characteristics such as high density, high hardness, wear resistance, and corrosion resistance, making it suitable for the high-strength riveting…

Tungsten News
[Know Tungsten] Tungsten Bucking Bar for Aircraft Maintenance 42

The tungsten bucking bar is an indispensable professional tool in aircraft maintenance. It is typically used in conjunction with a rivet gun during the riveting process. When the rivet gun applies impact force to the rivet, the bucking bar provides a solid support surface and absorbs the impact energy, allowing the rivet to deform precisely and be securely fixed onto the materials being connected. This ensures the strength and precision of the riveting. ? The manufacturing and maintenance of an…

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