TITANIUM SNAPSHOT: FeTi rallies to 8-year high, scrap also up

Key data from Fastmarkets’ pricing session in Europe on Wednesday December 23.

Key drivers The ferro-titanium price jumped by more than 5% in the week to Wednesday December 23, reaching a peak last seen in November 2012 when the price range was assessed at $7.90-8.25 per kg. Market activity has slowed close to the end-of-year holiday season, although deals were reported at higher prices and are expected to climb again next month - not least because scrap supplies will be even more scarce by then. A slump in the aerospace sector is causing a fall...

Published

Declan Conway

December 23, 2020

16:32 GMT

Galway