Scrap Varel Carbide

Sell scrap Varel tungsten carbide drill bit inserts and mining tools. Oil & gas and mining drill bit specialist.

CURRENT SCRAP PRICE
$15 – $30 /lb

Based on current tungsten market prices | July 2026

About Varel International

Varel International (now part of Variperm Energy Services) is a manufacturer of drill bits for the oil & gas and mining industries. Based in Dallas, Texas, Varel produces PDC bits, roller cone bits, and fixed cutter bits that use tungsten carbide inserts and matrix bodies. Worn Varel bits contain significant amounts of recoverable tungsten carbide.

Types & Pricing

TypeApplicationWC ContentScrap PriceNotes
Roller Cone InsertsOil & gas drilling50-70% WC$20-$30/lbPressed-in carbide teeth
Matrix Body MaterialPDC bit bodies60-80% WC$15-$25/lbCrushed carbide matrix
Mining Bit InsertsRock drilling40-60% WC$15-$25/lbButton-style
NozzlesDrill bit nozzles90%+ WC$25-$40/lbSmall, high purity
Gauge ProtectionBit gauge85-90% WC$20-$30/lbWear-resistant inserts

Brands We Buy

We buy ALL brands of tungsten carbide — not just those listed above. If it's carbide, we want it.

💰 Get a Quote

Sell Your Scrap Tungsten Carbide Today

Top prices paid. Free commercial pickup. Same-day payment on approved lots.

📞 Call 954-488-0700← Tungsten Carbide Hub