Key data from Fastmarkets' pricing session in Europe on Wednesday September 2.
Key drivers
Tighter availability of scrap and market expectations of price increases by the end of the month have encouraged some scrap suppliers to withhold material from prompt sales to get higher prices later. A slump in aerospace production has resulted in lower scrap supplies, although that has yet to be reflected in sales prices due to reduced ferro-titanium production among many producers. Still, it has pushed up reported...