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World Precision Cutting Tools Officially Announces Price Increase
On March 31, Wald announced a product price adjustment: Recently, due to the ongoing fluctuations in the global tungsten raw material market and the rising costs of synthetic superhard materials, the manufacturing costs of the company’s cutting tools are facing unprecedented rigid upward pressure, “the current continuous increase in core raw material prices has exceeded our internal absorption limits.” After careful consideration, the company has decided that starting from May 1, 2026, Wald Precision Cutting Tools will officially implement a new pricing system. The specific price adjustment margins for different products will vary depending on the product line and the extent of cost impact. (Jiemian News)