How much is tungsten worth an ounce?

$22.00

The company is the world’s best tungsten carbide rod price supplier. We are your one-stop shop for all needs. Our staff are highly-specialized and will help you find the product you need.

China, the leading producer of just about everything, accounts for some 80% of the world's output of tungsten. Because the metal is so hard, most of it is used to make tools, but new applications have emerged, putting additional strain on suppliers. Two major events exacerbated the already challenging situation. First, in 2018, the Chinese Environmental Protection Agency enacted stringent regulations in Baoji, a heavily industrialized province. This led to a temporary slowdown in the tungsten industry and caused a spike in prices. Then, a couple of years later, the pandemic’s lockdowns further disrupted the supply chain by shutting down mills and refineries.

The one-two punch was hard on the world’s 'tungstenomics,' but the strong recovery in the industrialized world has nearly restored trade levels to their former state. The bullion industry now opens a new chapter with the introduction of these bars, potentially becoming a significant demand channel for this metal in the years to come.

Tungsten metal ingot - one troy ounce - .9995 bullion

Tungsten, also known as Wolfram, boasts the highest melting point and tensile strength of any pure metal. This versatile metal is utilized in various industries, from steel and construction to petroleum and electronics. Approximately 80% of the global production of tungsten comes from China, which means it is subject to potential supply disruptions.

Our ingots are inscribed with the chemical symbol (W), purity (99.95%), weight (one troy ounce), and a unique serial number. The reverse side features our logo. These ingots are lightly polished and may have occasional small edge chips and peels. Despite these minor imperfections, they are designed and manufactured with meticulous attention to weight and purity, guaranteed by us. Like all our metals, please store these ingots in a safe place, do not ingest, and keep out of reach of children.

For more detailed information on our products, please visit tungsten carbide solid round bars manufacturer.

Each ingot will be shipped with an assay certificate and a velvet logo bag. If you are not completely satisfied with your purchase, you have 30 days to return it for a full refund (buyer pays return shipping). Domestic shipping is free for all orders over $99 (enter code free shipping at checkout). For orders of $99 or under, domestic shipping is $9.95. International shipping is available via DHL, FedEx, or USPS international express, costing $45 for shipments up to a pound and $10 for each additional pound. Please note that international customers may incur import duties and/or VAT taxes, which we cannot cover. If you refuse the package due to these extra costs, we will refund your order minus the return shipping cost.

For those seeking information on tungsten carbide stock, feel free to contact us.