Global & China Tungsten Raw Material Price Data (Mid-2026)
Ammonium Paratungstate (APT), the core intermediate material for tungsten alloy production, has achieved a year-on-year surge of approximately 900% globally by mid-2026. The European APT benchmark price is steadily maintained at USD 2,900 to USD 3,180 per metric tonne unit.
In the Chinese market, the price of 65% tungsten concentrate hit 1.045 million RMB per ton in March 2026. It represents a 128% increase compared with the beginning of 2026 and a 633% year-on-year spike against the same period of 2025.
Tungsten Alloy Bar Detailed Price Data (Mid-2026) | Tagged & Classified
[Finished Tungsten Alloy Bar – China Market Price]
As of mid-2026, the market average price of standard industrial pure tungsten bars reachesRMB 1,890.20 per kilogram, representing a 399.21% year-on-year surge. Compared with the beginning of 2026, the price slightly dropped by 2.65% in late May, showing a mild price correction after a long-term sharp rally while maintaining an overall high-price operating range. In February 2026, the mainstream market quotation of tungsten bars stood at RMB 1,784 per kilogram, with a month-on-month increase of 37.23% and a month-end price increase of 27.85% versus the month’s start, reflecting the strong upward trend of finished tungsten alloy bar prices in the first half of the year.
[High-Density Tungsten Heavy Alloy Bar – International & Domestic Bulk Price]
High-performance tungsten heavy alloy bars (main grades: 93WNiFe, 95WNiFe, customized tungsten-copper alloy rods) are core finished products for aerospace, counterweight and radiation shielding applications. The international wholesale benchmark price ranges from USD 48 to USD 70 per kilogram based on different alloy ratios, dimensional precision and surface finish. Standard polished tungsten alloy round bars with conventional specifications (diameter 8–12mm, length 400–650mm) maintain stable export prices, with premium customized precision bars reaching the upper limit of the pricing range.
[Price Differentiation Rules for Tungsten Alloy Bars]
Tungsten alloy bar prices show obvious tiered differences driven by material composition and processing standards. Cemented tungsten carbide bars for cutting tools are priced at the mainstream international wholesale level of USD 48–60/kg; tungsten-copper alloy bars for high-temperature and conductive scenarios are priced at USD 50–70/kg due to higher production costs. Domestic spot prices of non-magnetic tungsten-nickel alloy bars for precision equipment are steadily maintained at a high level, supported by tight high-end material supply.
[Core Price Driving Factors for Tungsten Alloy Bars]
The sharp price surge is primarily fueled by persistent global supply chain tightness and explosive growth of high-end downstream demand from aerospace, nuclear energy, defense and new energy industries. China’s dominant supply capacity (occupying 80% of global tungsten mine output) and manufacturers’ stable pricing strategies further sustain the firm market prices of tungsten alloy raw materials and finished bars. In addition, the upgrading of precision processing technology and the growing demand for customized high-alloy bars continuously boost the premium value of high-end tungsten alloy bar products.
