The price of tungsten iron is 30,000 yuan per ton.

According to the news from Chinatungsten Online on August 12th, the tungsten market continues to rise, with tungsten concentrate and major tungsten products reaching new highs. After a brief slight decline at the beginning of the month, the market quickly returned to stability. Despite not fully catching a breath on the demand side, the raw material side remained firm in its market stance, leading to overall strong tungsten prices. The main driving factors of the market are still the shortage of supply and holders reluctance to sell, combined with the resonance of international price transmission and policy expectations. As of the time of publication, the price of ammonium paratungstate is 291,000 yuan/ton, up 37.9% from the beginning of the year; the price of tungsten powder is 438 yuan/kg, up 38.6% from the beginning of the year; the price of 70% tungsten iron is 300,000 yuan/ton, up 39.5% from the beginning of the year; the price of scrap tungsten rods is 327 yuan/kg, up 48.6% from the beginning of the year.