Wonkang Co., Ltd. continues stable supply of pick cutters for domestic roadheaders and diaphragm wall cutters amid tungsten supply shortage

17 hours ago
2 min read

Wonkang Co., Ltd. secures price competitiveness through preemptive raw material procurement… receiving positive responses from domestic equipment operators

[Raw material tungsten photo = Provided by Wonkang Co., Ltd.]

Wonkang Co., Ltd. is drawing attention in the industry by continuously supplying pick cutters for roadheaders and BC TOOTH products for diaphragm wall cutter equipment without disruption, even amid the global tungsten supply shortage and rising prices.

Recently, tungsten is a key material used in semiconductors, defense industries, and civil engineering and mining equipment, and supply instability and price volatility are increasing. In particular, as supply controls from China and global raw material supply instability overlap, price fluctuations are becoming more severe, and the cost burden across the industry is also increasing.

In response, Wonkang began securing tungsten raw materials preemptively from the second half of last year. Based on this, the company is currently supplying BC TOOTH and pick cutters while maintaining competitive pricing compared to market prices.Such measures are leading to positive evaluations from domestic roadheader and diaphragm wall cutter equipment operators.

Kang Tae-young, CEO of Wonkang, stated, “As instability in raw material supply continues, our preemptive procurement strategy is proving effective in maintaining supply stability and price competitiveness,” adding, “We will continue to provide products required at job sites in the future.”

Meanwhile, Wonkang plans to focus on improving operational efficiency at domestic civil engineering and mining equipment sites based on quality and delivery responsiveness.

[Wonkang Co., Ltd. BC Tooth brazing process – conveyor system operation scene. Photo = Provided by Wonkang Co., Ltd.]

Located in Magok, Gangseo-gu, Seoul, Wonkang’s Total Foundation R&D Center (Head of Research: Heo Yeop) provides the highest quality through research and development. As a demand-family company of the Korea Institute of Construction Technology, it is conducting joint R&D, and Wonkang Roadbit has secured 6 patents, 2 domestic trademarks, and 5 overseas trademarks to enhance its competitiveness in the global market. In addition, it has established a quality management system that meets international standards through ISO 9001, 14001, 45001, and CE certifications.

In addition, the company participates in various international construction equipment exhibitions such as BAUMA and CONEXPO. In 2024, it was selected as an Excellent Venture Company by the Korea Venture Business Association and obtained membership in the Bright Club, representing leading companies in Busan. Based on these achievements, it received the “$2 million Export Tower” award in 2023 and achieved the “$3 million Export Tower” award in 2024.

Furthermore, through cooperation with its affiliates Wonkang Carbide and Eugene Erection Development Industry Co., Ltd., the company provides excellent services to customers, and plans to continue growing as a competitive company in the global market through continuous technology development and innovation. [End]

Contact: Wonkang Co., Ltd.

Person in charge: Kang Tae-young, CEO

Tel: +82-2-6941-1050

Email: sales@roadbit.com

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