TITANIUM SNAPSHOT: Steelmakers issue firm Q2 bids; spot prices on hold

Key data from Fastmarkets’ pricing session in Europe on Wednesday March 24.



Key drivers

Ferro-titanium spot market activity was minimal while negotiations begin for second-quarter supply. Steelmakers in Europe issue almost 600 tonnes of bids for ferro-titanium to be delivered between April and June, according to alloy suppliers. More tenders expected in the coming days, with some seen agreed before Easter and the rest of the deals expected to be concluded shortly after. Ferro-titanium producers said they are holding off buying any sizeable lots of scrap...

Published

Declan Conway

March 24, 2021

16:13 GMT

Galway