TITANIUM SNAPSHOT: Scrap tightness extends price rally across all markets

October 08, 2020 / www.metalbulletin.com / Article Link

Key data from Fastmarkets' pricing session in Europe on Wednesday October 7.


Key drivers 

A persistent and seemingly increasing tightness in titanium scrap is propelling scrap and ferro-titanium prices for the fourth and fifth weeks in a row respectively.  Ferro-titanium producers say they are worried about securing enough scrap in coming weeks, with volumes falling from traditional sectors such as aerospace, machine shops, forge shops and fabricators.  National Covid-19 lockdowns had knocked end-user demand and consumption of ferro-titanium,...

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