When will the domestic price surge of hard alloy raw materials reach its peak? What kind of impact will it bring?
2026-01-28
Recently, the prices of the main raw materials for hard alloys in China have been continuously rising, attracting widespread attention from the manufacturing industry. As a key material indispensable to the manufacturing sector, especially in the field of high-end equipment manufacturing, the price fluctuations of hard alloys affect the entire industrial chain. Since 2025, the prices of main raw materials for hard alloys such as tungsten concentrate and tungsten carbide powder have remained at a high level. Some varieties have seen a year-on-year increase of over 30%, reaching new highs in recent years. This round of price increase not only lasts for a long time but also features simultaneous efforts from both the supply and demand sides, which is fundamentally different from the previous cyclical fluctuations.
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