What's happening in the 2026 tungsten carbide market? APT trends, China's supply policy, European demand and Türkiye's role.
2026 marks the most dynamic period in the tungsten carbide market over the past five years. China's supply restrictions, Europe's strategic minerals policy and rising aerospace-defence demand all push prices upward.
1. APT Price Trend
APT (Ammonium Paratungstate) climbed from 280 USD/MTU in early 2024 to 380 USD/MTU in Q1 2026 — about a 36% increase. Main drivers:
- China tightening tungsten export quotas
- Declining strategic metal stockpiles
- Rising aerospace and defence orders
- Tungsten demand for green-energy components
2. The China Factor
80% of global tungsten supply comes from China. In February 2025, China tightened tungsten export quotas, pushing European and Japanese buyers toward alternative sources — accelerating the secondary supply: tungsten carbide scrap recycling.
3. Türkiye's Position
Türkiye produces an estimated 200-300 tonnes of carbide scrap per year. About 85% enters recycling, mostly exported to European and Asian markets. Bolelli Metal, one of Türkiye's leading collectors, exports to Germany, Italy, Spain, China, Japan and Taiwan.
4. Our Advice to 2026 Scrap Sellers
- Sell, don't hoard: Prices are near peak — now is the time.
- Get XRF analysis: Knowing your content lets you negotiate better.
- Sort it: Don't mix solid, swarf, sludge and HSS — price loss.
- Work with international buyers: Local scrap dealers offer 30-50% lower.
Bolelli Metal pays at the live APT price. Send a sample and get our competitive quote within 24 hours.