TITANIUM SNAPSHOT: Scrap prices hit 8.5-year high on shortage

Key data from Fastmarkets’ pricing session in Europe on Wednesday February 17.




Key drivers

Limited supplies of titanium scrap pushed the low tin (Sn 0.5%) content grade price to a high last seen in August 2012, while higher tin content grade (Sn 0.5-2%) reached a high last seen in January 2013. European suppliers are positioning themselves for firmer demand in early March for second-quarter delivery from steel mills,...

Published

Declan Conway

February 17, 2021

15:28 GMT

Galway