The Tungsten Carbide Price Trend in Q2 2026 showed a sharp increase followed by a significant correction in China. Prices rose by 11.81% during the quarter as export controls, limited tungsten powder availability, and strong demand from cutting tool and mining equipment manufacturers placed pressure on the market.
Higher raw material costs and production restrictions also contributed to the increase during April and May. However, the market changed direction in June, when Chinese tungsten carbid