TITANIUM SNAPSHOT: Prices jump 20% amid bull-market rally

Key data from Fastmarkets’ pricing session in Europe on Wednesday December 2.

Key drivers Ferro-titanium has jumped to a peak last seen in May 2013, with the price again reaching $6.90 per kg ddp, with consumer demand reported out as far as February on limited output. A crunch in scrap supplies in the past few months is fueling a rally in scrap prices and that, in turn, is pushing up offer prices for alloys. Alloy producers have also cut production this year in response to the shortfall in scrap, due to the collapse in aerospace...

Published

Declan Conway

December 09, 2020

16:22 GMT

Galway