US FeTi scrap price records first decline since August 2020

June 15, 2021 / www.metalbulletin.com / Article Link

The price of ferro-titanium scrap in the United States has fallen for the first time since August 2020 following a push-back by ferro-titanium manufacturers who are facing weaker US prices for their products, some market sources said.

Just over a month ago, scrap prices were reportedly rising by 5-10% week on week amid an extreme shortage related to a decline in aircraft building during the Covid-19 pandemic.
The high price of scrap was the main factor behind a rally in the price of ferro-titanium that began in September last year, produced hourly price increases by December and lead to the price of the finished product peaking in January.

The price...

Recent News

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok