Tungsten is one of the most unique and rare of the base metals. Classified as a strategic metal, it has the highest melting point of all the elements, and is incredibly hard in its purest form. It’s also finite, which means tungsten recycling is imperative to preserving the limited natural supply. It’s unique qualities and scarcity directly contribute to high tungsten scrap price. However, value greatly depends on the grade, form and quality of the tungsten scrap.