TITANIUM SNAPSHOT: Alloy at six-month peak, scrap hits new 2020 highs

Key data from Fastmarkets’ pricing session in Europe on Wednesday November 25.



Key drivers

Steady demand for prompt material from steel mills for the first quarter of next year pushed the ferro-titanium spot price to $5 per kg on the high end for the first time since May 20 in a 14-week bull run. There are bigger steelmaker tenders for first-quarter shipments both in Europe and Asia, which suppliers expect to push up prices further towards $6 per kg in the next few...

Published

Declan Conway

November 25, 2020

15:59 GMT

Galway