Price Watch™ provides real-time price assessments and price forecasts for Ferro Tungsten (Fe-W) across top trading regions:
| Ferro Tungsten (Fe-W) Regional Coverage | Ferro Tungsten (Fe-W) Grade and Country Coverage | Ferro Tungsten (Fe-W) Pricing Data Coverage Explanation |
| Asia-Pacific Ferro Tungsten (Fe-W) Pricing Analysis | Ferro Tungsten 75%min Ex-Shanghai, China Domestic Prices | Weekly Price Update on Ferro Tungsten (Fe-W) Real-Time Domestic Prices in Shanghai, China |
| Ferro Tungsten 75%min FOB Prices at Shanghai Port, China | Weekly Price Update on Ferro Tungsten (Fe-W) Real-Time Export Prices from Shanghai Port, China to Global Markets | |
| Europe Ferro Tungsten (Fe-W) Pricing Analysis | Ferro Tungsten 75%min Ex-Warehouse Rotterdam, Netherlands Domestic Prices | Weekly Price Update on Ferro Tungsten (Fe-W) Real-Time Domestic Prices in Rotterdam, Netherlands |
Note: In assessments structured as CIF [Importing Port] (Exporting Country), the country mentioned in brackets indicates the primary origin of supply (exporting country), while the named port refers to the destination port in the importing country. Other Incoterms (FOB, FD, EXW, etc.) should be interpreted in accordance with standard international trade definitions.
Ferro Tungsten Price Trend Q1 2026
The global Ferro Tungsten market rose significantly in Q1 2026 as a result of severe supply issues and intense demand among producers of steel and specialty alloys. China, being the primary supplier of Ferro Tungsten, saw large ferro tungsten price trend increases due to tightening tungsten supplies and rising production costs.
These price increases have been compounded by the rapid increase in procurement activity driven by strategic buyers and expectations of additional export restrictions. The European market, including the Netherlands, saw a steep rise in the overall ferro tungsten price trend as end-users have been increasingly engaged in competition for limited quantities of Ferro Tungsten material due to the import-dependent nature of their respective economies.
Additionally, the current EU guidelines regarding tungsten as a critical raw material have led to additional pressure on the final prices of Ferro Tungsten in the EU. The demand for Ferro Tungsten from the high-speed steel, defense, aerospace, and advanced manufacturing sectors has remained extremely strong; therefore, a great deal of urgency has been placed on efforts to secure the supply of Ferro Tungsten.
The strong ferro tungsten price trend experienced in Q4 2025 created an exceptional basis for this development, however, the price of Ferro Tungsten rose very quickly and frequently worldwide, leaving little option for buyers.
Overall, the Ferro Tungsten market has now entered what will likely be an extended period of significant price growth, characterized by reduced supply, increased strategic demand, and continued increases in price momentum across all geographic regions.
China: Ferro Tungsten Export prices FOB Shanghai, China; Grade- Purity: (Fe25%min, W75%min)
In Q1 2026, the ferro tungsten price trend in China inclined dramatically by 112.82% when compared to Q4 2025, matching the extraordinary price escalation seen across all tungsten products during this remarkable quarter.
Ferro Tungsten, used as an alloying addition in high-speed steel and specialty alloy production, is consumed by steel manufacturers producing cutting tools, drill bits, and wear-resistant components.
The ferro tungsten price trend surge reflected the broader tightening of tungsten supply and the knock-on effect of elevated prices for all tungsten intermediates, as steel producers sought to secure Ferro Tungsten ahead of anticipated further price increases.
Defense and aerospace-related high-speed steel demand added strategic urgency to procurement during the quarter, with multiple governments signaling interest in securing domestic or allied-nation tungsten supply chains.
The competitive dynamic between domestic and export demand for Ferro Tungsten in China created additional tightness as international buyers competed with domestic steel producers for available material.
In March 2026, Ferro Tungsten prices in China rose by 43.75%, sustaining the extraordinary monthly pace of increase through the end of the quarter. Overall, China’s Ferro Tungsten market experienced a historic inclined quarter that reflected the extraordinary and synchronized nature of the broader tungsten price cycle.
Netherlands: Ferro Tungsten Domestically Traded prices Ex-warehouse Rotterdam, Netherlands; Grade- Purity: (Fe25%min, W75%min)
In Q1 2026, the ferro tungsten price trend in Netherlands inclined dramatically by 107.86% when compared to Q4 2025, a massive quarterly gain that placed the European Ferro Tungsten market at the center of the extraordinary global tungsten price cycle of Q1 2026.
European high-speed steel producers and specialty alloy manufacturers, who rely on imported Ferro Tungsten from China and other origins, found themselves paying dramatically higher prices as global supply tightened and competition for available material intensified.
The strategic classification of tungsten as a critical raw material within the EU framework prompted accelerated procurement programs by European industrial companies and government-affiliated bodies, adding demand urgency beyond what normal production schedules would have generated.
Traders and distributors in the Netherlands reported thin spot availability and buyer willingness to accept significant price premiums to secure needed volumes. The synchronized nature of price increases across multiple tungsten product forms globally left buyers with few substitution options and limited negotiating leverage.
In March 2026, ferro tungsten price trend in Netherlands rose by 49.13%, a massive monthly gain consistent with the extraordinary levels seen throughout the tungsten product complex. Overall, the Netherlands Ferro Tungsten market experienced an historic inclined quarter as Europe’s industrial sector grappled with the consequences of concentrated tungsten supply and surging global demand.

