TITANIUM SNAPSHOT: Alloy, scrap markets move higher on short-covering activity

Key data from the Wednesday August 8 pricing session in Europe.

Key drivers - Reduced ferro-titanium and titanium scrap supplies from Russia to Europe have prompted short-covering and pushed up European prices. - More than 200 tonnes of ferro-titanium was reported traded at $5.15-5.40 per kg delivered duty-paid, with offer prices below $5.10 per kg absent from the spot market. Suppliers reported either having insufficient supplies to meet...

Published

Declan Conway

August 08, 2018

17:34 GMT

Galway