Europe FeTi price dip to be brief, new tenders expected

March 05, 2021 / www.metalbulletin.com / Article Link

The European ferro-titanium price dropped over the week to Wednesday March 3, with the range widening lower, which surprised industry sources because an acute shortage of scrap has been pushing up all titanium markets in recent months, sources said.

The dip in ferro-titanium prices should be brief, however, given the upward pressure on prices from tight feedstock supplies, which is squeezing alloy makers' margins. Alloy makers expect steelmakers' tenders for ferro-titanium this month to promote higher alloy prices into the second quarter, they said.
Fastmarkets assessed the price for ferro-titanium 70% Ti, max 4.5% Al, ddp Europe at $7.70-8.20 per kg on Wednesday March 3 from $7.90-8.20 per kg the week before. Trade sources reported hearing offer prices as low as $7.50 per kg, but there were no confirmed deals.
One central European producer reported offering standard grade ferro-titanium at $7.50-8.00 per kg ddp for both prompt and second-quarter delivery demand.

Another European producer said they are considering offering material at $7.50 per kg in the near term after failing to achieve buying interest when they offered slightly...

Recent News

Gold's Bull Market Pullbacks

April 28, 2025 / www.canadianminingreport.com

Gold stocks down on metal drop

April 28, 2025 / www.canadianminingreport.com

Investment banks ahead of the gold price, institutions still behind

April 21, 2025 / www.canadianminingreport.com

Gold stocks up, juniors outperform on small cap strength

April 21, 2025 / www.canadianminingreport.com

Gold stocks rebound to new highs

April 14, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok