TITANIUM SNAPSHOT: Markets rising on scrap tightness, more demand

Key data from Fastmarkets’ pricing session in Europe on Wednesday October 28.

Key drivers The ferro-titanium market in Europe climbed further over the week, adding to a steady run of gains since August 19 when the market was assessed at $3.30-3.85 per kg ddp. Steady demand and competition from overseas buyers in India and China have supported the rally in recent weeks, while persistent scrap tightness has propelled scrap prices higher and encouraged stronger offer prices...

Published

Declan Conway

October 28, 2020

15:48 GMT

Galway