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High density tungsten alloys are mainly composed of two materials: magnetic products 90-97% W Ni Fe alloy, non-magnetic products, and 90-97% W Ni Cu alloy products. From this, it can be seen that tungsten content accounts for a large proportion in tungsten alloy products. Therefore, fluctuations in tungsten raw materials can also affect the price fluctuations of tungsten alloy products. Since February 2024, tungsten raw materials have started to rise slightly. By early March 2024, tungsten raw material prices have increased rapidly. By mid March 2024, tungsten raw materials had a significant increase, with tungsten powder rising to around $49.00/kg. Until the end of April 2024 and early June 2024, tungsten prices remained stable and slightly decreased. The current price is between $45.00/KG and is currently stabilizing.