Ruixin Tungsten Carbide

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CICC Forecasts 17% Tungsten Supply Gap Through 2028: Survival Strategies for the High-Price Era
Industry News

CICC Forecasts 17% Tungsten Supply Gap Through 2028: Survival Strategies for the High-Price Era

CICC forecasts the global tungsten supply-demand gap will exceed 17% of total demand annually from 2026 to 2028, representing a structural deficit of 19,000 to 21,000 metal tonnes per year. With supply CAGR at 2.5% against demand CAGR of 2.7%, industry analysts now describe this as the opening of a long-term bull cycle. Here is what drill bit manufacturers and buyers must do to survive it.

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Tungsten Carbide Scrap Becomes a Strategic Asset as Recycling Demand Surges 2026
Industry News

Tungsten Carbide Scrap Becomes a Strategic Asset as Recycling Demand Surges 2026

Tungsten carbide scrap has moved from a niche secondary metal to a front-line strategic resource in 2026. With primary supply constrained by Chinese export controls and APT prices above $2,500/MTU, drill bit scrap, worn inserts, and carbide rods are being priced as critical feedstock. European scrap reached 80-100 euros per kilogram in February 2026 and recycling capacity is running at full utilization globally.

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