TITANIUM SNAPSHOT: European market firm, higher prices expected

Key data from the Wednesday May 1 pricing session in Europe.

Key drivers The European ferro-titanium held at present prices for the third week in a row, with scrap markets steady for the second consecutive week, while supply worries underpinned market sentiment in the week to Wednesday May 1. There is no sign of a return to production at UK producer FE Mottram after a fire at the company’s plant in Sheffield. The company suffered a damaged furnace and the roof may need replacing, all of which needs insurer approval, market sources said. Market...

Published

Declan Conway

May 01, 2019

14:50 GMT

Galway