According to Zhangyuan Tungsten, the company raised its procurement pricing for tungsten products effective August 1-15, 2026. Black tungsten concentrate reached 412,000 yuan per metric ton (up 1,000 yuan from July), white tungsten concentrate 411,000 yuan per ton, and ammonium paratungstate 606,000 yuan per ton, all including 13% VAT.
Domestic tungsten prices showed renewed upward momentum after stabilizing in late July, as U.S. restrictions on tungsten scrap and recycled battery material exports took effect August 26, creating supply constraints globally.