TITANIUM SNAPSHOT: Markets static amid slow European trading

Key data from Fastmarkets’ pricing session in Europe on Wednesday April 14.

Key drivers No change for a second consecutive week in the European ferro-titanium market despite slow trading activity because persistent scrap tightness is prompting firm offer prices and underpinning alloys prices. Consequently, there is an uneasy equilibrium between unwavering scrap offer prices and those being offered by alloy makers to steel mills. Ferro-titanium producers say scrap costs above $2 per lb cannot be...

Published

Declan Conway

April 15, 2021

02:31 GMT

Galway