TITANIUM SNAPSHOT: Ferro-titanium rallies again on supply worries

Key data from the Wednesday February 27 pricing session in Europe.

Key drivers - Persistent supply worries involving a major supplier prompted short-covering and is expected to propel prices higher in the weeks to come. Ferro-titanium producers and traders have been getting more buying interest from Europe and the United States. With one producer typically offering at least 350 tonnes per month to the spot market, sources said. - World production capacity of 70%-grade ferro-titanium is estimated to be about 65,000-70,000 tonnes per year, although not all of that is utilized. Production rates at...

Published

Declan Conway

February 27, 2019

14:50 GMT

Galway