TITANIUM SNAPSHOT: Ferro-titanium drops further, but floor seen

October 25, 2018 / www.metalbulletin.com / Article Link

Key data from the Wednesday October 24 pricing session in Europe.

Key drivers The downward trend in the European ferro-titanium market in October has been extended in the latest assessment, with high-volume sales to Europe from Russia dragging down prices. Sources said there is supplier resistance at $5 per kg, which is proving something of a psychological level for the market. But there is enough buying interest and support from fairly firm scrap prices to...

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