Against the backdrop of a sharp surge in the price of tungsten APT (ammonium paratungstate), tungsten scrap prices have recorded an extraordinary rise . Most recently, cemented carbide scrap has reached an unprecedented level of ¥30,000 per kilogram, a price never seen before. This fierce competition for raw materials and remarkable market escalation has been driven by a dynamic structural change taking place at the core of the market. In actual transactions, tungsten APT has climbed further to $2,800–3,000/mtu, marking yet another all-time high.
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