Since March This Year, Tungsten Carbide Ring Price Has Surged
In the current metal market, tungsten is undoubtedly a shining star. With the recovery of the global economy and the rapid development of new energy and high-end manufacturing, tungsten, as an important strategic metal, has shown a strong growth trend in market demand. However, at the same time, the soaring tungsten price has also brought unprecedented challenges to related industries. For Guangdong Tefisen Technology Co., Ltd., a company that uses tungsten carbide rings in printing equipment, it has also felt the pressure of the tungsten carbide ring price. According to data from Jintou Websie, tungsten prices have shown a steady upward trend since March of this year. On May 24, the price of 65% grade black tungsten concentrate reached 156.5K yuan per ton, an increase of 27.76% c...









