According to China Tungsten Online, the tungsten market in China exhibited an overall downward trend in February 2025, primarily attributed to the implementation of export control policies on tungsten-related items, price reductions in long-term contracts by major tungsten enterprises, and persistently weak downstream demand. Among them, the price of black tungsten concentrate dropped by approximately 2.05%, ammonium paratungstate price fell by about 1.40%, tungsten powder price decreased by around 0.94%, carbide tungsten powder price declined by roughly 0.95%, while the price of ferrotungsten remained unchanged from the beginning to the end of the month.