TITANIUM SNAPSHOT: Ferro-titanium’s upward momentum persists

Key data from the Wednesday March 6 pricing session in Europe.




Key drivers

Recent market sentiment continues to be focused on supply worries, pushing up ferro-titanium offer prices in the past week. The rally has been fueled by apparent market short-covering against a potential loss of 350 tonnes per month to the spot market from one major supplier. 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...

Published

Declan Conway

March 06, 2019

16:02 GMT

Galway