TITANIUM SNAPSHOT: Alloy market drops on seasonal slowdown in heavy industry

Key data from the pricing session in Europe on Wednesday July 15.




Key drivers 

Deals were done around the low end of the latest assessment of the ferro-titanium market. There were lower offer prices and deals reported because of the seasonal summer slowdown that has started in heavy industry in Europe. Steelmakers are taking extended closures due to slumps in end-user steel product industries such as automotive, construction and white goods.  Reports of below European...

Published

Declan Conway

July 15, 2020

15:50 GMT

Galway