European suppliers appear to have been successful in holding up prices despite earlier downward pressure from some Russian exports into Europe. The move follows a downward trend in alloy prices that started on September 12, when the market was assessed at $5.80-6.05 per kg, and stopped around the start of November.
Alloy trading activity has been low key but steady and generally moving in the latest assessed price range. Titanium scrap markets have also been steady in line with support from tight supplies in Russia.
Some European suppliers have wrapped up their business for December shipment and are looking to secure...