TITANIUM SNAPSHOT: Europe scrap prices jump on scarce supply

Key data from Fastmarkets’ pricing session in Europe on Wednesday January 20.

Key drivers European titanium scrap markets jumped for low tin and higher tin-content material over 20% and 10%, respectively, amid a severe shortage of feedstock, which has worsened this year due to the cumulative impact of the Covid-19 pandemic on end-user industries, particularly aerospace. This is the third consecutive week that scrap prices have moved higher, with more increases likely given no apparent ease in supply for the foreseeable future. Both low and higher tin-content scrap are at...

Published

Declan Conway

January 20, 2021

15:26 GMT

Galway