TITANIUM SNAPSHOT: Scrap markets drop amid slow trading, alloy flat

Key data from Fastmarkets’ pricing session in Europe on Wednesday December 4.

Key drivers  The scrap markets were down in the past week, with supply offer prices dropping against slowing demand in the run-up to year-end holidays. Metals producers typically run down their feedstocks in December, a time usually set aside for book-squaring, banking profits and settling accounts. The alloy market was broadly flat amid illiquid trading, with sources saying they are offering material towards either end...

Published

Declan Conway

December 04, 2019

15:16 GMT

Galway