Tungsten News

Tungsten News
Molybdenum Market – July 9, 2025 39

Molybdenum market update on July 9, 2025 The domestic molybdenum market is performing well, marked by rapid price increases for most products, active downstream inquiries, strong supplier reluctance to sell with bullish sentiment, decent transaction volumes, and high industry expectations for the future. Notably, this price surge has injected robust momentum into the market, with many product prices not only surpassing June’s highs but also setting new annual records. However, traders should proceed cautiously, as the current weak steel market…

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Rare Earth Market – July 9, 2025 47

Rare earth market update on July 9, 2025 The domestic rare earth market continues to operate with a strong upward trend, driven by increased downstream demand, limited growth in spot supply, and persistently high overseas rare earth prices. Many suppliers are reluctant to sell and are raising prices. However, price trends for mainstream light and heavy rare earth products show some divergence: praseodymium-neodymium (PrNd) prices have seen expanded gains today, while dysprosium-terbium (DyTb) prices remain stable. Currently, praseodymium-neodymium oxide and…

Tungsten News
Tungsten Prices Soars Unabated – July 9, 2025 57

Analysis of Latest Tungsten Market from Chinatungsten Online The tungsten market remains strong, and the prices of major tungsten raw materials are at their highest point so far. The price of 65% wolframite concentrate is at RMB 175,000/ton, up 22.4% from the beginning of the year. Resource scarcity is the main driver of the market. Holders are reluctant to sell, downstream users have limited ability to bear the price of raw materials, and there is not much spot circulation in…

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Impact of EU Restrictions on Chinese Medical Product Access on China’s Tungsten Alloy Enterprises 28

According to reports from the Global Times and related sources, starting June 20, 2025, the EU imposed restrictions on Chinese medical devices from participating in its public procurement for contracts exceeding €5 million. In response, on July 6, China’s Ministry of Finance announced reciprocal measures, excluding EU enterprises (excluding EU-funded companies operating in China) from participating in Chinese government medical device procurements over RMB 45 million, and limiting the share of imported products from non-EU companies in the EU to…

Tungsten News
Molybdenum Powder Exports Decreased by 93% in May 2025 19

In May 2025, China’s molybdenum product exports were 3,955.67 tons, increased by 25.60% year-on-year. Among these, molybdenum powder exports were 2.00 tons, decreased by 93.48%; molybdenum wire exports were 20.20 tons, decreased by 25.50%; ferro-molybdenum exports were 588.50 tons, decreased by 23.84%; ammonium molybdate exports were 15.31 tons, decreased by 62.29%; and other molybdenum products were 25.01 tons, increased by 24.90%.

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Ferro-Molybdenum Imports Decreased by 95% in May 2025 23

In May 2025, China’s molybdenum product imports were 4,982.40 tons, decreased by 40.30% month-on-month. Among these, ferro-molybdenum imports were 45.00 tons, decreased by 95.10%; molybdenum powder imports were 746.00 kg, increased by 617.31%; molybdenum wire imports were 4.94 tons, increased by 188.28%; ammonium molybdate imports were 108.00 tons, increased by 21.33%; and other molybdenum products were 1.80 tons, increased by 30.50%.

Tungsten News
Ammonium Metatungstate Exports Increased by 125% in May 2025 18

In May 2025, China’s tungsten product exports were 1295.38 tons, decreased by 23.56% year-on-year. Among these, tungsten powder exports were 57.03 tons, decreased by 61.99%; tungsten wire exports were 27.04 tons, increased by 0.55%; ferro-tungsten exports were 285.07 tons, increased by 13.41%; tungsten carbide exports were 87.2 tons, decreased by 74.62%; ammonium metatungstate exports were 482.14 tons, increased by 125.22%.

Tungsten News
Tungsten Powder Imports Increased by 430% in May 2025 17

In May 2025, China’s tungsten product imports were 1409.50 tons, increased by 41.43% year-on-year. Among these, tungsten powder imports were 3079 kg, increased by 430.86%; tungsten wire imports were 479 kg, increased by 10.88%; tungsten carbide imports were 985 kg, decreased by 86.07%; sodium tungstate imports were 6325 kg, decreased by 97.01%; tungsten trioxide imports were 240 kg, decreased by 97.52%.

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Molybdenum Market – July 8, 2025 36

Molybdenum market update on July 8, 2025 On July 8, 2025, the domestic molybdenum market continues to exhibit a strong upward trend, supported by tight molybdenum raw material supply, active steel tenders, and rising international molybdenum prices. Prices of molybdenum concentrate, molybdenum oxide, and ferro-molybdenum have continued to rise. Recently, steel companies including Hengyang Valin Steel Tube, Zhongtian Steel, Shandong Iron and Steel Laiwu, Jiangsu Shagang, CITIC Pacific, and Hebei Iron and Steel have entered the market to bid for…

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Rare Earth Prices – July 8, 2025 122

Rare earth market update on July 8, 2025 On July 8, 2025, the domestic rare earth market is performing well, with prices of mainstream light and heavy rare earth products rising to varying degrees. Neodymium oxide prices have increased by approximately 3,000 yuan/ton, terbium oxide by about 60 yuan/kg, and holmium oxide by around 5,000 yuan/ton. Under these conditions, prices of rare earth permanent magnet materials and their scraps have also risen, with 55N neodymium-iron-boron blank blocks up by about…

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