Tungsten Bar

Tungsten Bars are crafted using 4 Tungsten Ore at a Furnace, and are used to make Tungsten Tier items, including the Tungsten Watch and Tungsten Chandelier. Tungsten has a chance to replace Silver in your world.

Crafting all Tungsten equipment, including the Watch and Chandelier, requires 151 Bars, or a total of 604 Ore. Without the Watch and Chandelier, you will need 137 Bars, or 548 Ores.

Trivia
In reality, Tungsten is extremely difficult to work due to its hardness, it also has among the highest melting points of the elements.