UK ferro-titanium plant looks for production restart in Q3

British ferro-alloys producer FE Mottram, the biggest producer of ferro-titanium in Europe, intends to restart production in the third quarter of 2019 after a fire damaged its plant in April, according to an industry source.

FE Mottram, which is owned by Belgium-based ferro-alloys and metals trader Metraco, stopped production at its plant in Sheffield, northern England, after a furnace exploded on the weekend of April 13-14. European ferro-titanium prices have been steady since then, unchanged for five consecutive weeks and most recently assessed at $5.20-5.50 per kg on a delivered Europe basis. Before then, the European ferro-titanium market had been rising since February, when the price was as low as $4.20-4.80 per kg. That price came at the end of a decline in the price from a 2018 high of $5.80-6.05 per kg on September 12. “FE Mottram has started repair works, but it seems this is going to take longer than...

Published

Declan Conway

May 16, 2019

17:20 GMT

Galway