TITANIUM SNAPSHOT: Alloy, scrap markets in holding pattern

Key data from Fastmarkets’ pricing session in Europe on Wednesday November 27.

Key drivers  The alloy and scrap markets were unchanged in the past week, with suppliers holding their offer prices in expectation of potential price increases on renewed demand for 2020 deliveries.  The alloy price range held for a third consecutive week on muted trading since Fastmarkets’ International Ferro-alloys conference in Budapest last week. The scrap markets have stabilized since dropping last week.  A small deal for 5 tonnes of ferro-titanium was reported being sold for $4.50 per kg ddp, with...

Published

Declan Conway

November 27, 2019

16:42 GMT

Galway