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.
