Tungsten (W) prices continue to surge

Unfortunately, the price of Tungsten (W) has continued to rise over the past 30 days due to the impact of tariffs. Since January 2025, the price has surged by over 110%, with a 47% increase in the past two weeks alone.

Reports indicate that export restrictions to countries imposing tariffs are driving up market costs due to supply and demand dynamics. Additionally, these tariffs result in higher costs for the imposing countries, as they must pay the tariff on the increased market price.

Ross & Catherall have a secure supply and stock of elements. While our element costs reflect market conditions, we are not facing the same increased costs as some competitors due to the tariffs.

Our facility boasts the most flexible melting capabilities of any major OEM-approved superalloy melting facility globally. We offer melting capacities ranging from 500kg (1,100lbs) to 7200kg (15,800lbs) across eight melting furnaces. Additionally, our in-house revert processing facility ensures a fully "closed" revert loop, maximising recyclability, and sustainability in your supply chain.

By taking proactive steps now, you can navigate these challenges effectively and ensure a more stable and cost-effective future alloy supply. If you have secured and have assurances that your alloy can be met by your incumbent supplier, the recent increases may not impact your supply. However, if you have not secured your alloy demands, and/or your current supplier cannot meet your requirements then maybe we can help? We have available melting capacity in Q2.

If you wish to reduce price instability and tariffs, contact us at Ross & Catherall. We can fix prices at the point of order for your alloy demands.

Remember, your revert can help mitigate the cost impact of the element markets and the tariff charges. It has value and contains all the elements you need for your future alloy demands. So, utilise, recycle, and reduce your superalloy costs by using your valuable internal revert.

Please contact your account manager directly, alternativley complete the "contact us" page on this webpage to discuss your melt volumes in Q2 and beyond.