The CNC Tool Industry in the Context of Skyrocketing Tungsten Prices: Challenges, Transformations and Prospects
2025-11-14
Hard alloy cutting tools are whirring in CNC machining centers, while the price of tungsten, the raw material needed to manufacture them, is soaring. According to industry feedback, with tungsten powder and tungsten carbide powder prices rising rapidly, by September 2025, the gross profit margins of many small and medium-sized processing enterprises have dropped to around 10%. This storm of raw material price hikes is sweeping through the entire CNC cutting tool industry, forcing enterprises to reposition themselves in a brutal reshuffle.
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