TITANIUM SNAPSHOT: Alloy market stabilizes losses, scrap markets steady

Key data from Fastmarkets’ pricing session in Europe on Wednesday October 16.

Key drivers The ferro-titanium market has stabilized losses this week amid a pick-up in traded tonnages, both on a prompt and longer term basis, with sectors such as cored wire and chemicals showing firmer demand than other steel production areas. The spot ferro-titanium price was unchanged at $4.40-4.60 per kg delivered this week. Around 80 tonnes of alloy was reported in the spot market this week, from no trades the week before. One longer term quarterly deal for around 300 tonnes was reported done at about $4.30 per kg ddp. Yet at a recent conference...

Published

Declan Conway

October 16, 2019

16:17 GMT

Galway