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Tungsten prices surge nearly 6x amid China export controls and geopolitical tensions with Japan

What happened

Tungsten prices surged nearly 6x due to China's export controls and geopolitical tensions with Japan. Japanese firms face supply shortages for high-purity tungsten powder, pressuring prices for PCB drill bits and semiconductor process gases. Major PCB drill manufacturers are considering price hikes due to this supply shock.

Impact and signal

High impactImpact score: 98/100

Affected components and suppliers

Tungsten PowderPCB Drill BitsSemiconductor Process Gases
price-hikeshortageexport-controlgeopolitical

Source and time

Source: DigiTimes Asia · 3/8/2026 · View original source

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