top of page

Tungsten Carbide Pricing: What’s Driving the Spike, and What It Means for Harlen Supplies

  • Feb 23
  • 2 min read

Tungsten carbide sits at the hard end of the hardness scale — which is exactly why it’s used in high-wear drilling components where edge retention and abrasion resistance are non-negotiable. When tungsten input costs move, drilling tool pricing moves with it.


tungsten carbide drill bits

What’s driving the tungsten carbide pricing increase?

Several supply-side constraints are hitting at the same time:

  • Concentrated supply: China controls a large share (around 80% to 85%) of global tungsten resources and production capacity.

  • Reduced output allowances: Lower mining quotas tighten upstream availability.

  • Tighter export controls: Stronger export rules reduce the flow of tungsten raw materials into global markets.

  • Demand hasn’t slowed: Industrial demand remains steady (and in many sectors, strong).


Put simply: less material available + steady demand = higher prices, and tungsten and tungsten carbide are currently wearing that equation.


Why this matters to drilling tools

Most carbide-tipped drilling consumables are priced off a few core cost drivers:

  • Tungsten carbide powder and inserts (major contributor)

  • Manufacturing and processing (sintering, brazing, grinding, QA)

  • Logistics and lead times (often amplified during supply tightening)


When tungsten carbide costs jump, the increase typically shows up first in replacement parts and high-turnover consumables, then spreads into broader product lines as suppliers update price lists.


Impact on Harlen Supplies

Here’s the practical reality of the tungsten carbide pricing increase:

  1. Drilling tool prices will rise: Tungsten carbide is a direct input into many wear components. As upstream prices rise, our landed costs for affected tools rise too.

  2. Pricing uncertainty becomes a planning problem: Volatility makes it harder to lock pricing for long periods, especially on items exposed to frequent supplier adjustments.

  3. What we will do about it: Harlen will manage this the responsible way: clear communication, tight procurement discipline, and stabilising pricing wherever we can.


What clients can do right now (practical steps)

  • Plan ahead on high-wear items you know you’ll need (bits, carbide-heavy consumables).

  • Review usage and tool selection with us — in some applications, small spec changes can improve wear life and reduce total spend per meter drilled.

  • Treat pricing as time-sensitive on carbide-heavy items during this period; quotes may have shorter validity windows than usual.

Comments


bottom of page