TITANIUM SNAPSHOT: Alloy consolidates higher supported by scrap tightness

Key data from Fastmarkets’ pricing session in Europe on Wednesday September 8.


Key drivers

The spot price range for ferro-titanium consolidated higher in the week to Wednesday September 8, cementing a small gain from the week prior.
Suppliers reported low-key but steady buying interest from steelmakers, and there are bigger tenders to be concluded for hundreds of tonnes being delivered in the fourth quarter.
More quarterly tenders are expected to be issued through September, and that should give a clearer outlook on prices in the coming weeks and months.

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Published

Declan Conway

September 08, 2021

16:11 GMT

Galway