TITANIUM SNAPSHOT: Alloy market finds floor after losses; scrap steady

Key data from Fastmarkets' Wednesday July 24 pricing session in Europe:

Key drivers The ferro-titanium market has stabilized after a run of losses and while there was one sale around $4.50 per kg and below the current range, it was in isolation, with most sources expecting a stabilizing in the market. The ferro-titanium market is establishing a price floor, with producer supply cited to be in "strong hands", while UK producer FE Mottram has yet to restart production after a fire damaged its plant in April. A tender for shipment of 150 tonnes of alloy for...

Published

Declan Conway

July 24, 2019

17:05 GMT

Galway