Tungsten is an important non-ferrous metal characterized by a high melting point, high hardness, high density, and good thermal conductivity. It is widely used in high-end manufacturing fields such as machinery, energy exploitation, and photovoltaic power generation. According to a CCTV Finance report, tungsten prices have seen a rare surge since the beginning of this year, with prices of major products including tungsten concentrate, ammonium paratungstate, and tungsten carbide all rising by more than 200%. Several recent research reports indicate that supply tightening is the main driver behind the elevated tungsten prices.
Leveraging tungsten's properties of high melting point, high hardness, and low diffusion coefficient, it can impart critical performance characteristics such as red hardness, wear resistance, and high-temperature strength to steel. It also effectively improves tempering stability and refines grain structure. As such, tungsten is one of the core alloying elements for manufacturing high-end specialty steels including high-speed steel, die steel, heat-resistant steel, and cemented carbide-based steel, making it particularly suitable for applications in machining, high-temperature operating conditions, and precision molds.
Our newly launched hot-work die steel product, TAW, features an optimized alloy composition design with an appropriate addition of tungsten during the steel production process. This brand-new formula delivers a brand-new product. Compared with traditional hot-work die steels, the new TAW hot-work die steel offers superior strength and toughness, high-temperature red hardness, wear resistance, and dimensional stability during heat treatment, effectively extending the service life of molds.