Global Market (GLOBAL) · USD
| Market | Price (USD/oz t) | Status |
|---|---|---|
|
Global Market
viewing
GLOBAL · XX
|
$0.00446
per oz t
|
Open |
Tungsten is a dense, refractory metal with the highest melting point of the elements, primarily used as tungsten carbide and hard-facing materials for cutting, drilling and wear-resistant parts, and in aerospace, electronics and defense applications. Its market importance and pricing reflect its strategic industrial role and are driven by supply concentration (notably Chinese production), availability of concentrates and ammonium paratungstate (APT), downstream carbide demand, recycling rates, processing and energy costs, and trade or environmental controls.