TITANIUM SNAPSHOT: Tight scrap pushes prices higher, pulls up alloy

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

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

Key drivers European scrap supplies, which have been getting tighter this quarter and pushed Fastmarkets-assessed scrap prices up on Wednesday September 16 for the first time in 10 weeks, have moved scrap prices higher again and pulled the ferro-titanium market up with them. Trade sources said scrap prices are likely to trend higher near term while some alloy production that was idled amid Covid-19 lockdown measures...

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