TITANIUM SNAPSHOT: Europe markets consolidate gains on exports, supply tightness

Key data from Fastmarkets’ pricing session in Europe on Wednesday January 27.

Key drivers European titanium scrap markets were steady over the past week, consolidating strong gains from the week before, with ferro-titanium producers competing for tight feedstock supplies. Vacuum-grade and sponge are also being sought at elevated prices due to low supplies of scrap turnings and solids. Scrap prices are expected to increase in the near term, with no discernible easing of supplies in sight. The ferro-titanium market was steady despite only low levels of business seen in Europe, with steelmakers...

Published

Declan Conway

January 27, 2021

16:37 GMT

Galway