TITANIUM SNAPSHOT: Ferro-titanium market consolidates gains

March 28, 2019 / www.metalbulletin.com / Article Link

Key data from the Wednesday March 27 pricing session in Europe.

Key drivers The European ferro-titanium market has been steady over the past week, consolidating earlier gains after hitting a five-month high a week ago. There was persistent consumer demand for prompt shipment, and buying inquiries for second-quarter deliveries. Some sources reckoned that the price of prompt ferro-titanium may reach $6 per kg in the near term with consumers looking to secure material for second-quarter smelting schedules. There was a potential loss of 350 tonnes per month of...

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