missed this one....
it is used primarily in hard metals, mill products, steel, chemicals and as tungsten carbide. In recent times, demand has been rising ahead of supply with Chinese growth exceeding 20%pa. A supply gap of 4,000 tonnes pa (equivalent to around 7% of annual production) is forecast to persist for the next 5 years....
I think that answers the demand and supply concerns.
tungsten, page-2
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