Metal Movers: Inside the Global Tungsten Squeeze

Metal Movers: Inside the Global Tungsten Squeeze

In this episode, Argus explores the forces behind the dramatic surge in global tungsten prices. What began with Chinese export controls has deepened into a structural supply squeeze, leaving both domestic and international consumers struggling with tight availability. Our experts discuss how mining constraints, shifting demand dynamics and limited substitution options are shaping one of the most volatile critical mineral markets of 2026.

Covered in this episode:

  • How ageing mines, limited upstream investment and reduced output have created a structural shortage in Chinese tungsten supply
  • The impact of China’s export controls on global availability — and why its domestic market is now feeling the squeeze as intensely as overseas buyers
  • Whether substitution with molybdenum, niobium, titanium or ceramics can meaningfully reduce demand for tungsten carbide and mill products
  • The limits of recycling in Europe and North America — and the scope for China and Japan to expand recycling to ease supply constraints
  • When global tungsten prices might peak, how long historically high levels may persist, and how new mine capacity from South Korea, Kazakhstan and Europe could reshape the market from 2027 onward

Avsnitt(1000)

Falando de Mercado: Desafios do gás natural no Brasil

Falando de Mercado: Desafios do gás natural no Brasil

Um novo marco legal incentivou a competitividade e atraiu o interesse de grandes consumidores para o mercado regulado de gás natural. No entanto, ineficiências, gargalos de infraestrutura e indexação ...

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Market Talks: Challenges in Brazil’s natural gas market

Market Talks: Challenges in Brazil’s natural gas market

A new regulatory framework has boosted competitiveness and attracted major consumers to the regulated natural gas market in Brazil. However, inefficiencies, infrastructure bottlenecks, and indexation ...

18 Mars 7min

Falando de Mercado: Asfalto venezuelano retorna ao mercado

Falando de Mercado: Asfalto venezuelano retorna ao mercado

A retirada de sanções ao petróleo e derivados da Venezuela aumentou a disponibilidade de asfalto do país no mercado internacional. O interesse pelo asfalto venezuelano nos EUA impacta outros produtore...

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Fertilizer Matters EP44: Sustainable & Specialty Fertilizers Market

Fertilizer Matters EP44: Sustainable & Specialty Fertilizers Market

Hear Argus’ essential analysis of the sustainable and specialty fertilizers sector, covering why this product group is growing in importance for producers, the impact on pricing of volatile trade flow...

16 Mars 17min

Fertilizer Matters EP43: China’s Ammonium Chloride Market

Fertilizer Matters EP43: China’s Ammonium Chloride Market

Hear Argus’ essential analysis of what’s driving China’s ammonium chloride production expansion, the Chinese projects leading this growth, key export destinations, why demand is growing in Southeast A...

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Driving Discussions: The new map of global refining

Driving Discussions: The new map of global refining

In this episode, Benedict George (Editor, Argus European Products) and Sarah Raffoul (Manager, Analytics & Consulting) join reporter Isabella Reimi to unpack the rise of mega‑refineries in Asia and th...

9 Mars 28min

Chemical Conversations: Global Polymers Market Evaluation - Turkey, March 2026

Chemical Conversations: Global Polymers Market Evaluation - Turkey, March 2026

Dila Odluyurt, senior reporter, covering the Turkish PE, PP and PVC markets speaks about: How is the Turkish market doing at the beginning the end of the year How the lowering prices affected the mar...

9 Mars 46min

Global LPG Conversations: Middle East war hits global LPG markets

Global LPG Conversations: Middle East war hits global LPG markets

The conflict in the Middle East has had immediate impacts on the LPG market, with some of the biggest single prices increase ever seen With around 30% of global seaborne LPG exports coming from the Mi...

6 Mars 34min

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