TITANIUM SNAPSHOT: Alloy market narrows down, prompts lower scrap price

Key data from Fastmarkets’ pricing session in Europe on Wednesday May 12.

Key drivers The European ferro-titanium spot market price range narrowed lower over the week, with the top end dropping below $8 per kg for the first time since December 15. Persistently quiet business conditions for several weeks has gradually eroded alloy prices, with firm sales to the United States and Asia tightening European availability and stemming...

Published

Declan Conway

May 12, 2021

16:22 GMT

Galway