TITANIUM SNAPSHOT: Alloy price narrows amid increased trading

Key data from Fastmarkets’ pricing session in Europe on Wednesday February 5.

Key drivers The price range for ferro-titanium has narrowed over the past week, with increased trading activity resulting in higher-priced deals in Europe. There was an increase in traded volumes reported, with  sources saying higher-priced sales from Europe to Asia had spurred domestic European buying interest. Scrap prices were largely steady, although sources reported higher offer prices within the current ranges. More than 500 tonnes of alloy was reported traded in Europe over the past week, from only 10 tonnes reported traded the week before. About 80 tonnes of alloy was reported traded from Europe to Asia where importers also...

Published

Declan Conway

February 05, 2020

16:30 GMT

Galway