TITANIUM SNAPSHOT: ‘Skyrocketing’ inquiries, scrap tightness push prices up for third consecutive week

Key data from Fastmarkets’ pricing session in Europe on Wednesday September 30.



Key drivers 

Persistent tightness in titanium scrap supplies in Europe causes prices to climb for the third week in a row.  Scrap generation has fallen in line with a downturn in heavy industry, particularly the aerospace sector, with a fall in volumes from machine shops, forge shops and fabricators. National lockdowns imposed to contain the spread of the Covid-19 pandemic have knocked end-user demand and consumption, with a...

Published

Declan Conway

September 30, 2020

14:22 GMT

Galway