Industry News
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Analysis of Latest Tungsten Products Market Price Dated on Feb. 06 2026
Tungsten prices remained firm this week, supported by tight raw material supply and reluctance from holders to sell and maintain prices. Yesterday, a tungsten company and an industry organization in Jiangxi Province raised their raw material prices, further boosting bullish sentiment in the marke...Read more -
Price of tungsten products on Jan 26.2026
As of January 26, 2026, tungsten products have seen a continuous and sharp price surge, hitting historical highs across the board. The price of 65% black tungsten concentrate has rocketed from 143,000 CNY per ton at the start of 2025 to 545,000-547,000 CNY per ton, with a staggering increase of o...Read more -
Price of Tungsten Products on Jan. 14 2026
Analysis of Latest Tungsten Market from Chinatungsten Online As of press time, tungsten concentrate prices have broken through RMB 500,000/ton, APT prices have surpassed RMB 730,000/ton, and tungsten powder prices are approaching RMB 1.2 million/ton! ◦ 65% wolframite concentrate is price...Read more -
Tungsten Price Trend, January 9
Domestic tungsten powder: ¥1,130,000–1,150,000 per ton, up ¥20,000 per ton Domestic primary tungsten carbide: ¥1,100,000–1,120,000 per ton, up ¥20,000 per ton A Word on Tungsten Price Hikes When military demand outstrips supply, civilian sectors are left scrambling for limited stocks. May world...Read more -
Price of Tungsten Products dated on Dec.01.2025
Analysis of Latest Tungsten Market from Chinatungsten Online On August 15, 2025, Chinatungsten Online published an article pointing out that the tungsten industry had ushered in a “milestone moment that will be recorded in history,” when the price of tungsten concentrate broke thro...Read more -
API Lilin tricone drilling bits for deep oilwell
From oil extraction to water well drilling, it can handle soft clay, sandstone, and even hard quartzite with over 200MPa! Covering the full range of IADC codes, whether you need high penetration rate for soft formations or wear resistance for hard formations, this bit is the right choice H...Read more -
The cost of tungsten carbide affects the cost of drill bits.
Due to the surging price of tungsten carbide, a key material for roller cone and PDC bits, production costs have risen sharply. Raw material prices keep climbing, worsening the situation. Our inventory is nearly exhausted. To cope with these challenges, we’ll adjust the prices of our bits. We app...Read more -
the advantage of big size IADC 537 36″ TCI tricone bit during well drilling project
Meet the 36″ IADC 537 TCI tricone bit—where size fuels dominance. Its massive 36-inch frame devours more formation in every rotation, slashing time on tough wells. Engineered with rugged TCI inserts, it outlasts abrasives, while the IADC 537 design crushes varied lithologies with brute effi...Read more -
We have received positive reviews about the ditch hole opener from end customers.
The HDD hole opener excels in hard rock formations with key advantages. Its robust design, often fitted with tungsten carbide inserts, delivers superior abrasion resistance, enduring intense grinding from hard rock. High torque transmission ensures efficient rock fragmentation, reducing drilling ...Read more -
Report on Analysis of Future Development Trends in the Oil Drilling Equipment Industry
This report provides a detailed, multi-layered analysis of the future development trends in the global oil drilling equipment industry. The industry is facing a core “triple dilemma”: on one hand, it needs to meet the continuous global energy demand; on the other hand, it must ...Read more -
USA end client bought tricone bit, PDC bit, hammer bit for their drilling project
An American end client recently sourced tricone bits, PDC bits, and hammer bits from us for their significant drilling project. Understanding the critical role these bits play in the efficiency and success of drilling operations, we meticulously ensured that each product met the highest industry ...Read more -
Malaysia’s first batch of locally manufactured steel body VDP PDC drill bits launched
OMNI Oil Technologies (M) Sdn. Bhd. (OMNI), a Malaysian developer and manufacturer of drilling, completion and wellhead components, announced the launch of Malaysia’s first locally manufactured steel body drill bit, the VDP PDC. The product received an award from Petronas for its contribution to ...Read more