TITANIUM SNAPSHOT: Alloy narrows up, scrap higher on tight supply

Key data from Fastmarkets’ pricing session in Europe on Wednesday August 18.

Key drivers The titanium alloy market narrowed higher in its price range in the reported week as higher-priced deals done for fourth quarter delivery strengthened spot market sentiment. Industry sources reported fourth quarter deals at $8.30 per kg basis ddp and expect renewed spot demand around the end of August and into September. Some consumers in the steel sector say they are satisfied with their feedstock at present but expect to...

Published

Declan Conway

August 18, 2021

17:00 GMT

Galway