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FeTi prices drift down as market stagnates

July 04, 2014 - 15:41 GMT Location: London

KEYWORDS: ferro-titanium , prices , Europe , noble alloys , producer , trader

European ferro-titanium prices slipped on the low end on Friday July 4, as market participants reported generally sluggish trading.

Metal Bulletin’s quotation dropped to $5.95-6.10 per kg, down from $6-6.10 on Wednesday, slipping below $6 on the low end for the first time since May this year. "Prices are drifting a little bit. We’ve done some [under $6]," a producer said. "There’s not much business, but now we’re a bit long, and we don’t want to get too long. There’s just no momentum," he added. Prices have been broadly stagnant...

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