The company had intended to restart production in the third quarter of this year.
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.
The ferro-titanium 70% Ti, max 4.5% Al, ddp Europe price has dropped steadily since the shutdown, most recently assessed at $4.40-4.60 per kg ddp Europe on Wednesday October 16, from $5.20-5.50 per kg at the time of the production stoppage.
Before FE Mottram shut production for repairs, the European ferro-titanium price had been increasing since February, when it 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...