Why tungsten prices are rising so fast: inside the supply crunch

The price of tungsten has gone vertical with gains over the past year outpacing those gold and oil. The Rotterdam ammonium paratungstate (the benchmark intermediate product for tungsten) trades at US$3,185 per metric tonne unit, up 350% this year and about 900% over the past 12 months (as per April 2026). The price spike reflects … Continue reading Why tungsten prices are rising so fast: inside the supply crunch