The 300% Surge in Tungsten Powder Prices And Its Impact On The Industry Chain.
Impact on downstream industries:
Cemented carbide industry: Manufacturing costs for tools, drills, etc., will increase significantly, potentially forcing price increases or production cuts.
High-end manufacturing: Critical sectors such as aerospace and defense may face material shortages, affecting production capacity and delivery.
Crisis for small and medium-sized enterprises: Processing companies with limited capital may be forced to suspend operations or go bankrupt due to their inability to bear the increased raw material costs.
Global industrial relocation: Some manufacturing industries may relocate to regions rich in tungsten resources, or accelerate the development of alternative materials (such as molybdenum and ceramics).
