On February 26, Xinrui Co., Ltd. issued a notice of price adjustment for cemented carbide products. The company stated that since 2025, the prices of major raw materials for cemented carbide have been rising continuously and supply has been tight. As a result, the company’s production and operating costs have been under constant pressure, and the current product sales prices can no longer support the increase in raw material costs. Starting from February 27, new orders will be executed at the adjusted prices.
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The prices of main raw materials continue to rise, and Xinrui Co., Ltd. announces a price increase for cemented carbide products.
On February 26, Xinrui Co., Ltd. issued a notice of price adjustment for cemented carbide products. The company stated that since 2025, the prices of major raw materials for cemented carbide have been rising continuously and supply has been tight. As a result, the company’s production and operating costs have been under constant pressure, and the current product sales prices can no longer support the increase in raw material costs. Starting from February 27, new orders will be executed at the adjusted prices.