Industry News
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Will Tungsten Prices Keep Rising? And How Do Price Hikes Affect Drill Bit Quality?
Tungsten prices are in a short-term correction, mid-to-long-term bullish trend, with limited downside and solid upside potential. • Short term (1–2 months): After hitting historic highs in March 2026, tungsten prices (e.g., 65% wolframite concentrate) have corrected by over 33% by early ...Read more -
WEIFANG FAR EASTERN MACHINERY Shines at CIPPE 2026 with a Successful Show
BEIJING, March 28, 2026 — WEIFANG FAR EASTERN MACHINERY has concluded its participation in the 26th China International Petroleum & Petrochemical Technology and Equipment Exhibition (CIPPE 2026) with great success, held from March 26 to 28 at the China International Exhibition Center (Shunyi ...Read more -
Oilfield Company Announces Large-Scale Acquisition of Drill Collars, Featuring Favorable Prices and Quality Assurance
April 27, 2026 – A leading oilfield operation company announced a large-scale drill collar acquisition, including substantial 165mm and 178mm used drill collars as well as 121mm brand-new ones, with favorable prices and strict quality guarantees. All used drill collars will go through rigorous i...Read more -
Price of Tungsten Products on Apr. 24 2026
This week, tungsten prices generally declined, with sluggish transactions and a supply-demand stalemate. Previous sustained price increases led to concentrated profit-taking by suppliers; some holders sold at lower prices, causing divergences among sellers. Meanwhile, buyers’ purchasing willingne...Read more -
High-Quality Recovered Drill Collars (Approx. 200mm) Now Available with Competitive Pricing
We are pleased to announce a batch of high-quality recovered 200mm (7 7/8 inches) drill collars, sourced from active oilfields. Rigorously inspected and restored to meet industry standards, they offer excellent performance at a competitive price, ideal for oil and gas drilling operations aiming t...Read more -
Leading Hole Opener Factory Drives Industry Innovation, Catering to Booming Global Drilling Demand
April 12, 2026 – With the global hole opener market expected to grow at a 6.5% CAGR to USD 3.4 billion by 2035, a leading factory is leading innovation to meet demands from oil & gas, mining,HPP, and infrastructure sectors. Boasting decades of experience, the factory has a full production sy...Read more -
50m/150m/300m/500m Steel Ruler Water Level Gauge – Borehole & Water Depth Level Meter
The steel ruler water level gauge delivers highly precise water level measurement, ideal for monitoring water levels in wells, boreholes and water pipelines. It is especially designed for groundwater level observation in hydropower projects and manual inspection of dam seepage lines.This instrume...Read more -
Price of Tungsten Products-Tricone bit and PDC bit dated on Mar. 23 2026
On Monday, tungsten prices stayed firm amid tight market liquidity. Sellers were inclined to sell and take profits, while buyers stayed on the sidelines, resulting in muted spot trading. The tungsten raw material market was lackluster, with a widening gap between buyers’ and sellers’ price out...Read more -
Ceramic Cylinder Liners for Trenchless Mud Pumps | Interchangeable with FMC & APLEX Series(FMC1324/FMC1328/FMC0618/FMC1432/APLEX SC-65L)
Ceramic cylinder liners for trenchless project mud pumps deliver exceptional performance and durability. Engineered with high-grade ceramic material, they offer superior wear resistance, corrosion protection, and extended service life compared to traditional alternatives. These liners fully meet ...Read more -
Price of Tungsten Rock Drill Bit Products dated on March. 10 2026
Since the 2026 Spring Festival, tungsten prices have surged daily. Data from China Tungsten Online shows that as of press time, tungsten concentrate has reached RMB 1 million/ton, ammonium paratungstate (APT) over RMB 1.45 million/ton, and tungsten powder over RMB 2.3 million/ton. Prices...Read more -
Price of Tungsten Products on Mar. 02 2026-Analysis of Latest Tungsten Market from China Far Eastern Drilling
As we entered the first week of March, the tungsten market maintained its robust upward momentum that began in February. This rally was fueled by multiple factors: constrained mine operating rates further tightened supply, while rising geopolitical tensions and a renewed recognition of t...Read more -
Pirce of Tungsten Products-rock drilling bit dated on Feb.25 2026
Analysis of Latest Tungsten Market from China marketing Yesterday, a leading tungsten enterprise in Jiangxi released a new long-term procurement offer that exceeded mainstream market expectations. This move boosted market confidence and triggered a general rise in tungsten product prices...Read more