TITANIUM SNAPSHOT: Ferro-titanium market rides rally, more to come

Key data from the Wednesday March 20 pricing session in Europe.

Key drivers The European ferro-titanium market has hit a five-month high in the past week, with the rally showing no signs of abating while suppliers struggle to keep up with demand. There is renewed consumer demand for prompt shipment and buying inquiries for second-quarter deliveries. The run-up in prices is set to persist, with $6 per kg being targeted amid a potential loss of 350 tonnes per month to the spot market from one major supplier. World production capacity of 70%-grade...

Published

Declan Conway

March 20, 2019

17:28 GMT

Galway