TITANIUM SNAPSHOT: European market firm, higher prices expected

May 02, 2019 / www.metalbulletin.com / Article Link

Key data from the Wednesday May 1 pricing session in Europe.

Key drivers The European ferro-titanium held at present prices for the third week in a row, with scrap markets steady for the second consecutive week, while supply worries underpinned market sentiment in the week to Wednesday May 1.There is no sign of a return to production at UK producer FE Mottram after a fire at the company's plant in Sheffield. The company suffered a damaged furnace and the roof may need replacing, all of which needs insurer approval, market sources said.Market...

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