In 2025, the steel-hard compound used for bushings — tungsten carbide — is seeing significant price shifts.
For companies sourcing tungsten carbide bushings, understanding global price trends is vital to managing cost, supply risk and contract timing.
This article outlines major price movements across regions, key drivers behind change, and what decision-makers should do when negotiating supply contracts.
Overview of Global Market Context

The broader tungsten carbide market sets the stage for bushing prices. According to market research the global tungsten carbide market size is estimated at around USD 17.54 billion in 2025.
Another report shows polvo de carburo de tungsteno pricing in Q3 2025: USA ~ USD 50.8/kg, China ~ USD 63.5/kg.
While those figures cover powder, the trends map into bushings because bushings require the same underlying material and production steps: powder → pressing → Sinterización → mecanizado → finishing.
As an OEM or sourcing manager, you must watch material cost, production cost, and regional supply dynamics — all feed into the final bushing cost.
Regional Price Trends for Tungsten Carbide

Regional differences influence export cost, domestic cost, tariffs, logistics and supply security. Below are key regional snapshots:
1). Asia-Pacific (China & nearby)
In China, Q3 2025 powder price sat at ~ USD 63.5/kg. China remains the dominant producer of tungsten raw material, meaning export control, logistics, or domestic policy can raise prices sharply.
For example, in August 2025 some tungsten raw material rose ~30% month-on-month in China.
For bushings made in China or using Chinese feedstock, expect upward pressure and potential supply lock-in.
2). North America
In the USA Q3 powder price is ~ USD 50.8/kg. Demand in automotor y aeroespacial slowed, and supply improved domestically, which put downward pressure on price.
For bushings sourced in North America, that means greater negotiating power, though logistics and labour cost remain high.
3). Europe
European prices are in the USD 50–57/kg range for powder in Q2-Q3 2025.
Energy cost and regulations are high, limiting margin for producers. For bushings produced in Europe, these cost pressures may limit price discounting.
4). Summary Table of Regional Powder Prices
| Region | Approx. USD/kg | Impact on Bushing Cost |
|---|---|---|
| China | 63.5 | High raw-material cost; export risk |
| USA | 50.8 | Moderate raw cost; higher labour/logistics |
| Europe | ~50.4 | Stable cost basket; energy high |
*Note: These are for powder. Bushing cost has additional steps and margins.
Key Drivers Behind Price Fluctuations

Several factors drive cost changes for bushings in 2025:
1). Raw-material and ore supply
Tungsten ore supply is vital. Any disruption raises cost.
Example: China export control or higher ore price will raise material cost.
This flows into carbide powder, and hence into bushings.
2). Energy and manufacturing cost
Sintering tungsten carbide is energy intensive. High electricity or gas price raises production cost.
For European producers especially, this means higher base cost.
3). Demand from end-use industries
Demand from petróleo y gas, aeroespacial, machine tools influences bushing demand. If those sectors slow, cost pressure rises.
For example in North America, slower tool demand lowered powder prices Q3.
4). Logistics and trade policy
Transport cost, tariffs, export controls increase landed cost.
China’s raw material price surge in August 2025 (~30%) indicates logistics or policy impact.
For bushings shipped internationally, landed cost swings matter.
5). Currency and regional variation
Currency shifts (USD, EUR, CNY) impact cost for imported bushings. Regional inflation also affects labour, finishing cost.
Implications for OEMs and Sourcing Managers

What do these trends mean for decision-makers sourcing bushings?
1). Cost budgeting and contract timing
If raw-material cost is rising, you should review contract terms early. Secure fixed-price or longer-term agreements when material cost is low.
For example, Chinese raw-material cost rising means imminent cost pass-through to bushings.
2). Regional sourcing strategy
Consider sourcing from lower raw-material cost regions (e.g., USA) but check logistic and labour cost.
Alternatively, use Chinese producers but manage export risk and currency volatility.
European producers may offer stability but higher base cost.
3). Volume and lead-time flexibility
Large order volumes can buffer cost fluctuations. Longer lead-time gives suppliers time to schedule efficient production.
Smaller, urgent orders often cost more in high-cost environments.
4). Supply-chain risk mitigation
Given raw material concentration (e.g., China dominance) there is risk. Explore multi-region sourcing or safety stock.
Geopolitical risk can materialize quickly: export controls, higher ore cost etc.
5). Price negotiation tactics
Ask for raw-material cost breakdown and surcharge terms
Negotiate clause for cost escalation (material + energy)
Agree to longer-term supply with fixed incremental cost only
Use benchmarking across regions (see table above) to strengthen position
Forecast for Bushing Price Trends into Late 2025

Based on current data and market signals, here is a qualitative forecast for bushing prices:
Raw-material cost will remain elevated in China; expect Chinese-made bushings to carry cost premium.
North American and European producers may maintain stable or modestly rising prices, but may discount when downstream demand weakens.
Urgent orders or small batches may see cost premium (due to inefficient production) while standard batches with lead time will be more cost-effective.
Suppliers will likely pass through energy cost increases and logistics surcharges.
OEMs with demand for high precision or corrosion-resistant bushings may face higher premium due to tighter raw-material supply.
Conclusión
In 2025 the price trends for tungsten carbide bushings reflect a mix of raw-material supply shifts, energy cost pressure, regional manufacturing differences, and downstream demand.
For sourcing managers and industrial decision-makers, paying close attention to these factors will help optimise cost, timing and contract strategy.
Knowing regional benchmarks, understanding drivers, and aligning order timing are the keys to controlling bushing cost in this challenging market.
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