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Rely on independent tungsten prices anchored to APT 88.5% WO₃ min benchmarks in $/mtu. Fastmarkets assesses the market weekly, capturing firm indications and validated transactions with regional references for CIF Rotterdam & Baltimore (duty-free) and FOB China, alongside tungsten concentrate prices and ferro-tungsten.
The benchmark suite is supported by tungsten price forecasts that quantify price risks and scenarios, and news & analysis that explains the market drivers – all underpinned by over 30 years of tungsten price history reporting and IOSCO-aligned methodology.
You gain access to assessed ranges, long-running history, alerts, and exports through the Fastmarkets platform and API. IOSCO-aligned specifications for APT, tungsten concentrate and ferro-tungsten underpin use in contracts, indexation and risk management.
Access tungsten prices
Gain clarity on the steel market with access to Fastmarkets’ price data
Tungsten APT 88.5% WO3 min cif Rotterdam and Baltimore duty-free, $/mtu WO3
Tungsten APT 88.5% WO3 min, fob main ports China, $/mtu WO3
Tungsten concentrate 65% WO3, in-whs China, yuan/tonne
Tungsten concentrate, basis 50-70% WO3, spot price, cif global, $/mtu WO3
Ferro-tungsten basis 75% W, in-whs dup Rotterdam, $/kg W
Ferro-tungsten export, min 75% fob China, $/kg W
Tungsten market news on policy, trades and spreads affecting APT, concentrate and ferro-tungsten
Learn about the impact of national security concerns on Chinese tungsten prices and the challenges facing exporters in 2025.
Learn how the tungsten market is affected by China’s export regulations on dual-use items amidst political disputes with Japan.
Fastmarkets launches a new weekly price assessment for tungsten concentrate, basis 50-70% WO3, spot price, $ per mtu WO3 on Friday December 19.
The US tungsten supply chain is entering a period of transformation as defense-related funding, new domestic projects, and global trade restrictions reshape market dynamics. The growing focus on national security and critical minerals is driving fresh momentum in US tungsten production.
China’s shipbuilding sector remains strong despite proposed US tariffs, leading the industry for the 15th consecutive year in 2024 with 55.7% of global completions and 74.1% of new orders. Chinese shipyards benefit from low labor costs, efficient supply chains and competitive steel prices, offering vessels at significantly lower costs than US equivalents. High demand for materials and next-gen vessels further reinforces China’s dominance in global shipbuilding.
In the second of a two-part series, Fastmarkets digs into the impact of global conflict on critical material supply chains.
IOSCO‑aligned methods underpin our tungsten pricing, including defined specifications, survey windows and normalization procedures. Where relevant, assessments are tied to exchange markets and undergo monthly consistency audits.
Market-reflective prices, forecasts and insights for the global metals markets: Our benchmarks and published specifications support procurement, trading, and risk management.
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