TITANIUM SNAPSHOT: Alloy market finds floor after losses; scrap steady

July 25, 2019 / www.metalbulletin.com / Article Link

Key data from Fastmarkets' Wednesday July 24 pricing session in Europe:

Key drivers The ferro-titanium market has stabilized after a run of losses and while there was one sale around $4.50 per kg and below the current range, it was in isolation, with most sources expecting a stabilizing in the market. The ferro-titanium market is establishing a price floor, with producer supply cited to be in "strong hands", while UK producer FE Mottram has yet to restart production after a fire damaged its plant in April. A tender for shipment of 150 tonnes of alloy for...

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