TITANIUM SNAPSHOT: Scrap tightness extends price rally across all markets

Key data from Fastmarkets’ pricing session in Europe on Wednesday October 7.


Key drivers 

A persistent and seemingly increasing tightness in titanium scrap is propelling scrap and ferro-titanium prices for the fourth and fifth weeks in a row respectively.  Ferro-titanium producers say they are worried about securing enough scrap in coming weeks, with volumes falling from traditional sectors such as aerospace, machine shops, forge shops and fabricators.  National Covid-19 lockdowns had knocked end-user demand and consumption of ferro-titanium,...

Published

Declan Conway

October 07, 2020

14:27 GMT

Galway