Price increase for cemented carbide tools

Dear Customers,

We would like to inform you about current developments in the hardmetal materials market. The sintered carbide manufacturing industry has long been facing extraordinary pressure due to the significant rise in prices of key raw materials, particularly tungsten and cobalt. This trend, which began in 2025, is unfortunately continuing into 2026, and prices are not expected to return to their previous levels in the short or medium term. In addition to the price increases themselves, the availability of these raw materials is also deteriorating significantly.

The main factors behind this negative development include, in particular, export restrictions, regulated supply of raw materials (primarily from China), growing demand in the defense and high-tech industries, and increasing geopolitical uncertainty.

In light of these circumstances, we are compelled to adjust the prices of hardmetal tools in our e-shop; effective April 20, these prices will be increased by so-called alloying fees, based on the size (or weight) of the input carbide billet (semi-finished product).

The availability of special tools will be calculated based on the current availability of carbide blanks.

We will keep you informed of further price developments for all our products. At this time, we are unable to predict future developments in the sintered carbide market. If the situation allows, we will respond immediately by lowering the prices of carbide tools.  

At the same time, we would like to note that due to the rapid rise in HSS steel prices, we are also planning a price increase in this segment, likely effective July 1, 2026.

Thank you for your understanding and cooperation.

Translated with DeepL.com (free version)