TITANIUM SNAPSHOT: Alloy market edges closer to annual high

Key data from Fastmarkets’ pricing session in Europe on Wednesday November 18.

Key drivers The ferro-titanium spot price in Europe increased, marking 13 weeks of persistent increases in line with scrap tightness and renewed demand from consumers in the steel sector. Suppliers reported deals done, or heard, for more than 500 tonnes of standard-grade ferro-titanium for prompt shipment, with a couple of hundred tonnes of powder also reported sold. Some suppliers are offering standard-grade alloy at a minimum of $5 per...

Published

Declan Conway

November 18, 2020

16:04 GMT

Galway