Tungsten Market Shows Strength in July
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In July 2025, China’s tungsten market experienced a robust upward trend, with prices of major tungsten raw materials rising by approximately 13% within the month, a 36% increase compared to the beginning of the year. The average monthly price rose by about 5% month-on-month and surged 35% year-on-year. The strong performance of tungsten prices in July was driven by multiple factors: tight supply chains, stricter policy regulations, intensified international geopolitical tensions, a steadily improving domestic economic environment, and signals of…
