Tungsten News

Tungsten News
China Tungsten Market in April 2025: Supply Side Drives Up Prices 47

In April 2025, the Chinese tungsten market exhibited an overall upward trend, with the increase in tungsten ore prices effectively transmitted to intermediate smelting products, which in turn led to a collective price hike in downstream hard alloy products. According to Chinatungsten Online, tungsten ore prices surged by over 6% during the month. The primary drivers of the tungsten market’s rise stem from the supply side: (1) The decline in ore grades and the normalization of environmental production restrictions have…

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Price Trend of China’s Rare Earth Products in April 2025 104

I. Analysis of China’s Rare Earth Price Trends in April 2025 According to CTIA GROUP LTD, the price trends of mainstream light and heavy rare earth products in China during April 2025 showed divergence: praseodymium-neodymium prices fluctuated downward, while dysprosium and terbium prices initially rose before declining. In the light rare earth market, praseodymium-neodymium product prices continued the downward trend from late March, primarily due to limited consumption capacity of magnetic material companies, relatively ample spot market supply, and prolonged…

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Price Trend of China’s Molybdenum Products in April 2025 41

I. Analysis of China’s Molybdenum Price Trends in April 2025 According to CTIA GROUP LTD, the price trend of molybdenum products in China during April 2025 showed a pattern of initial stability, followed by a decline, and then a rebound. The total steel procurement of molybdenum iron was approximately 12,000 tons. At the beginning of the month, the market supply and demand were in a dynamic balance, with no significant positive drivers, leading to narrow price fluctuations and stable operations.…

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Molybdenum Market Update – April 29, 2025 33

Molybdenum market update on April 29, 2025 The domestic molybdenum market in China continues to heat up, primarily reflected in the renewed price surge of most molybdenum products and a relatively positive sentiment among traders entering the market. According to CTIA GROUP LTD, since April 17, 2025, molybdenum concentrate prices have risen by approximately 200 yuan, a 6.15% increase; ferromolybdenum prices have increased by about 17,000 yuan, an 8.17% rise; molybdenum oxide prices have gone up by around 170 yuan,…

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Rare Earth market Update – April 29, 2025 36

Rare earth market update on April 29, 2025 Domestic rare earth prices in China are consolidating within a reasonable range, with praseodymium oxide at approximately 433,000 yuan/ton, gadolinium oxide at 163,000 yuan/ton, and dysprosium oxide at 1,600,000 yuan/ton. Market activity remains subdued, with few new orders. On the positive side, strong production cost support and tightening supply of certain products have reduced suppliers’ willingness to offer discounts. On the negative side, the upcoming May Day holiday and tight liquidity have…

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Tungsten Market Remains Strong Before May Day 42

Analysis of Latest Tungsten Market from Chinatungsten Online As the May Day holiday approaches, the tungsten market shows no signs of changing direction. Suppliers maintain a firm stance, reluctant to sell, while buyers cautiously replenish stocks as needed. Prices for various tungsten products are steadily rising, supported by ore costs,but the transaction volume of high prices has decreased, and the game between the supply and demand sides of the tungsten market continues. The price of 65% black tungsten concentrate is…

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The Average Price of Hubei Scheelite Concentrate Rose in March 2025 39

Recently, according to the Hubei Provincial Department of Natural Resources website, in March 2025, the average price of 65% scheelite concentrate in Hubei was 139,821 yuan/ton, up approximately 11.75% year-on-year; 60% scheelite concentrate averaged 138,821 yuan/ton, up about 11.40% year-on-year; APT (ammonium paratungstate) averaged 208,060 yuan/ton, up approximately 12.26% year-on-year; and tungsten carbide powder averaged 307,429 yuan/ton, up about 12.14% year-on-year. According to CTIA GROUP LTD, in March 2025, the tungsten market experienced a tug-of-war in prices due to tight…

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China Rare Earth’s Revenue Was 700 Million Yuan in the First Quarter of 2025 30

In the first quarter of 2025, China Rare Earth reported revenue of 728 million yuan, up 141.32% year-on-year; net profit attributable to shareholders was 72.62 million yuan, up 125.15% year-on-year; non-recurring profit-adjusted net profit was 66.22 million yuan, up 122.83% year-on-year; net cash flow from operating activities was -119 million yuan, up 76.46% year-on-year; basic earnings per share were 0.068 yuan, up 125.14% year-on-year; total assets at the end of the reporting period were 5.293 billion yuan, down 3.51% year-on-year;…

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China Rare Earth’s Revenue Was 3 Billion Yuan in 2024 36

In 2024, China Rare Earth reported revenue of 3.027 billion yuan, down 24.09% year-on-year; net profit attributable to shareholders was -287 million yuan, a decline of 168.69% year-on-year; non-recurring profit-adjusted net profit was 145 million yuan, down 158.65% year-on-year; net cash flow from operating activities was 594 million yuan, down 271.65% year-on-year; basic earnings per share were -0.27 yuan, down 163.94% year-on-year; total assets at the end of the reporting period were 5.486 billion yuan, down 0.92% year-on-year; and equity…

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Tungsten Prices Surge Continues – April 28, 2025 67

Analysis of Latest Tungsten Market from Chinatungsten Online On Monday, tungsten prices continued their upward trend. The raw material side maintained a strong bullish sentiment, with downstream tungsten product prices passively following the rise, though overall demand feedback remained weak. The tungsten market showed a mix of optimism and caution, with a slow pace of transactions. Coupled with the complexity of the macroeconomic environment, participants largely adopted a cautious stance. The price of 65% black tungsten concentrate surpassed RMB 150,000/ton.…

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