Home / Metal News / Due to the increase in material prices such as cobalt powder, Zhangyuan Tungsten adjusted the prices of some cemented carbide and hardfacing material products starting from April 1.

Due to the increase in material prices such as cobalt powder, Zhangyuan Tungsten adjusted the prices of some cemented carbide and hardfacing material products starting from April 1.

iconMar 27, 2025 11:06
Source:SMM
Due to the increase in material prices such as cobalt powder, Zhangyuan Tungsten Industry will adjust the prices of some cemented carbide and hardfacing material products from April 1st. According to Chongyi Zhangyuan Tungsten Industry Co., Ltd., on March 26th, Zhangyuan Tungsten Industry issued a notice regarding the adjustment of product prices. The rise in material prices, including cobalt powder, has significantly increased the company's production costs. To ensure the sustainable development of our company and to better provide long-term services to our customers, the company has decided to implement new prices for some cemented carbide and hardfacing material products starting from April 1st, 2025. For specific business inquiries, please contact the company's sales personnel.

According to Chongyi Zhangyuan Tungsten Co., Ltd., Zhangyuan Tungsten issued a notice on March 26 regarding the adjustment of product prices: due to the increase in material prices such as cobalt powder, the company's production costs have significantly risen. Adhering to the principles of long-term integrity, mutual development, and win-win cooperation, and in order to ensure the company's sustainable development and provide better long-term services to our customers, the company has decided to implement new prices for some cemented carbide and hardfacing materials starting from April 1, 2025 (for specific business inquiries, please contact the company's sales personnel). From the date of the price adjustment, all products will be sold at the new prices.

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