Tungsten News

Tungsten News
Tianhe Magnetic Materials’ Subsidiary Plans Investment in Rare Earth Permanent Magnet Project 53

Recently, Tianhe Magnetic Materials announced that its wholly-owned subsidiary Tianhe New Materials signed the “Investment Agreement on High-Performance Rare Earth Permanent Magnets and Components, Equipment Manufacturing and R&D Project (Phase I)” with the Management Committee of Baotou Rare Earth High-Tech Industrial Development Zone. Tianhe Magnetic Materials is actively responding to the national policy of fully building “two rare earth bases.” In accordance with the company’s strategic development plan, its wholly-owned subsidiary Tianhe New Materials plans to invest in the construction…

Tungsten News
Tungsten Market Remains Strong – October 27, 2025 529

Analysis of Latest Tungsten Market from Chinatungsten Online The tungsten market saw an overall upward trend on Monday, driven by strong momentum from the raw material market, with prices rising across the industry chain. Major tungsten resource and alloy companies raised their product prices, further boosting market sentiment. However, downstream demand did not increase in tandem, resulting in weak follow-through on high-priced transactions and some price transmission difficulties. Industry insiders believe that the tungsten market will remain primarily cost-driven in…

Tungsten News
Molybdenum Market – October 27, 2025 130

Molybdenum market update on October 27, 2025 On Monday, the domestic molybdenum market overall continued its weak performance, with some products experiencing declines of varying degrees under the influence of persistently low steel bidding prices, poor international molybdenum market performance, and strong profit-taking awareness among suppliers, including molybdenum concentrate prices decreasing by approximately RMB 10 per ton-unit, ferromolybdenum prices by approximately RMB 3,000 per ton, and limited actual transaction volumes. Recently, steel enterprises bidding for ferromolybdenum include Shougang Group, Jiangsu…

Tungsten News
Rare Earth Market – October 27, 2025 158

Rare earth market update on October 27, 2025 The domestic rare earth market presented a general downward trend on Monday, primarily attributed to weak downstream demand, insufficient supplier confidence in maintaining prices, and heightened concerns among industry players about future prospects. Today, the prices of neodymium oxide, terbium oxide, and dysprosium-iron alloy decreased by approximately RMB 13,000 per ton, RMB 70,000 per ton, and RMB 50,000 per ton, respectively. Amid the recent continuous decline in raw material prices, the prices…

Tungsten News
Molybdenum Market – October 24, 2025 219

Molybdenum market update on October 24, 2025 This week, the domestic molybdenum market has exhibited a continuous downward trend, primarily due to increased caution among downstream markets, declining steel bidding prices, a cooling international molybdenum market, and rising concerns among suppliers about future prospects. Today, the price of molybdenum concentrate has fallen below the RMB 4,400 per ton-unit threshold. However, it is noteworthy that limited increases in spot supply from the raw material end, coupled with expectations of growing demand…

Tungsten News
Rare Earth Market – October 24, 2025 593

Rare earth market update on October 24, 2025 This week, domestic rare earth prices overall continued the downward trend from last week, though the decline has narrowed compared to the previous week. From the perspective of bullish factors, firstly, the significant price drop after the National Day holiday has boosted the enthusiasm of many downstream users to purchase at lower prices; secondly, as the prices of some products approach the cost line, suppliers are increasingly motivated to protect profits, reducing…

Tungsten News
Tungsten Concentrate Price Rise Again to RMB 280,000/ton – October 24, 2025 377

Analysis of Latest Tungsten Market from Chinatungsten Online The tungsten market remained generally upward this week. Tungsten raw material prices remained firm, primarily driven by price increases for long-term purchases by tungsten companies and market sentiment, providing significant cost support for the industry chain. Tungsten product manufacturers, including cemented carbide, passively raised product prices to maintain profit margins. Downstream end-users maintained a strategy of replenishing inventory based on demand, with limited purchasing activity. Supply and demand in the tungsten market…

Tungsten News
Molybdenum Prices – October 23, 2025 167

Molybdenum market update on October 23, 2025 Domestic molybdenum prices overall continue to slide, with prices of molybdenum concentrate, ferromolybdenum, and ammonium heptamolybdate decreasing by approximately RMB 50 per ton-unit, RMB 2,000 per ton, and RMB 1,000 per ton, respectively. Against this backdrop, the enthusiasm of downstream users for inquiries and procurement has not significantly increased, resulting in persistently slow order growth. From the perspective of bullish factors, firstly, the dual impact of high energy prices and increasingly stringent environmental…

Tungsten News
Rare Earth Market – October 23, 2025 242

Rare earth market update on October 23, 2025 The domestic rare earth market overall maintains stable operation, with a mix of bullish and bearish factors leading traders to focus on rigid transactions, resulting in moderate market activity and temporarily stable product prices. Under these conditions, some industry players predict that the rare earth market may continue to trade sideways in the short term. Today, the prices of praseodymium-neodymium oxide, gadolinium oxide, and dysprosium oxide are approximately RMB 570,000 per ton,…

Tungsten News
APT Price Returns to RMB 410,000/ton – October 23, 2025 333

Analysis of Latest Tungsten Market from Chinatungsten Online The tungsten market is generally stable. Recovering sentiment on the raw material side is driving a tightening supply and a price rebound. However, there has been no significant improvement in demand, and actual market transactions are still driven by rigid demand. Participants across the industry chain generally maintain a cautious attitude. In the tungsten concentrate market, a bullish sentiment remains dominant, but actual rigid demand transactions are limited. The price of 65%…

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