TITANIUM SNAPSHOT: Markets slump on cautious sentiment

Key data from Fastmarkets’ pricing session in Europe on Wednesday July 1.

Key drivers Persistently quiet trading activity in recent weeks has seen lower offer prices in the past week, with suppliers and buyers making tentative inquiries amid uncertain near term demand. All markets are now back at levels last seen in January 2017. Industry talk centers on cheaper offer prices from China into Europe, which is an unusual trend, with Russians adding to the move. One deal in Europe for around 50 tonnes was...

Published

Declan Conway

July 01, 2020

19:14 GMT

Galway