Tungsten concentrate (APT) used in cutting tools and high-temperature applications.
Reference level, set August 2026
Indicative reference: APT (ammonium paratungstate), indicative level — no free live index available
MetalsPlace's indicative reference level for tungsten is about 345.00 USD/MTU, set in August 2026. It is not a live quote and does not move daily: aPT (ammonium paratungstate), indicative level — no free live index available. Contract prices are agreed between buyer and seller.
| Indicative level | ~345.00 USD/MTU |
|---|---|
| Set | August 2026 |
| Type of figure | Indicative reference level (not a live quote) |
| What it measures | APT (ammonium paratungstate), indicative level — no free live index available |
| Source | Not published: an indicative level set by MetalsPlace in August 2026, not taken from a named price index |
| Unit | USD/MTU |
Indicative only, not a contract price. How MetalsPlace sources its prices
Tungsten has the highest melting point of any metal and is extremely hard, which makes it essential for cemented-carbide cutting tools, drill bits and wear parts. China dominates mine supply and processing, which makes tungsten a designated critical raw material in the US and EU. It trades by contract as concentrate and as ammonium paratungstate (APT).
A metric ton unit (mtu) is 10 kg of contained tungsten trioxide (WO₃). APT and concentrate prices are quoted per mtu, so a ton of concentrate at 65% WO₃ contains 65 mtu.
Yes. Carbide scrap is one of the most recycled tungsten sources because it is rich in tungsten and easier to process than ore. Price depends on tungsten and cobalt content and contamination.
China supplies most of the world's tungsten and controls much of its processing, and there are few substitutes in cutting tools and defence uses. That supply concentration is why the US and EU classify it as critical.
| Date | Price | Daily Change |
|---|---|---|
| Nov 10, 2026 | 345.00 | — |
| Nov 9, 2026 | 345.00 | — |
| Nov 8, 2026 | 345.00 | — |
| Nov 7, 2026 | 345.00 | — |
| Nov 6, 2026 | 345.00 | — |
| Nov 5, 2026 | 345.00 | — |
| Nov 4, 2026 | 345.00 | — |
| Nov 3, 2026 | 345.00 | — |
| Nov 2, 2026 | 345.00 | — |
| Nov 1, 2026 | 345.00 | — |
| Oct 31, 2026 | 345.00 | — |
| Oct 30, 2026 | 345.00 | — |
| Oct 29, 2026 | 345.00 | — |
| Oct 28, 2026 | 345.00 | — |
| Oct 27, 2026 | 345.00 | — |
| Oct 26, 2026 | 345.00 | — |
| Oct 25, 2026 | 345.00 | — |
| Oct 24, 2026 | 345.00 | — |
| Oct 23, 2026 | 345.00 | — |
| Oct 22, 2026 | 345.00 | — |
| Oct 21, 2026 | 345.00 | — |
| Oct 20, 2026 | 345.00 | — |
| Oct 19, 2026 | 345.00 | — |
| Oct 17, 2026 | 345.00 | — |
| Oct 16, 2026 | 345.00 | — |
| Oct 15, 2026 | 345.00 | — |
| Oct 14, 2026 | 345.00 | — |
| Oct 13, 2026 | 345.00 | — |
| Oct 12, 2026 | 345.00 | — |
| Oct 11, 2026 | 345.00 | — |
Prices are indicative and updated daily. Not for use as binding contract prices.