The Tungsten APT Price Trend in Q2 2026 showed a sharp increase across major markets, with China and Europe moving in very different directions by the end of the quarter. Chinese export controls, environmental inspections, limited processing output, and very tight European availability created strong upward pressure during April and May.
At the same time, European buyers faced a shortage of traditional supply, which pushed prices sharply higher. By June, the market started to change. Chinese pri