TITANIUM SNAPSHOT: FeTi rallies to 8-year high, scrap also up

December 24, 2020 / www.metalbulletin.com / Article Link

Key data from Fastmarkets' pricing session in Europe on Wednesday December 23.

Key drivers The ferro-titanium price jumped by more than 5% in the week to Wednesday December 23, reaching a peak last seen in November 2012 when the price range was assessed at $7.90-8.25 per kg.Market activity has slowed close to the end-of-year holiday season, although deals were reported at higher prices and are expected to climb again next month - not least because scrap supplies will be even more scarce by then.A slump in the aerospace sector is causing a fall...

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