TITANIUM SNAPSHOT: Alloy narrows up, scrap higher on tight supply

August 19, 2021 / www.metalbulletin.com / Article Link

Key data from Fastmarkets' pricing session in Europe on Wednesday August 18.

Key driversThe titanium alloy market narrowed higher in its price range in the reported week as higher-priced deals done for fourth quarter delivery strengthened spot market sentiment. Industry sources reported fourth quarter deals at $8.30 per kg basis ddp and expect renewed spot demand around the end of August and into September.Some consumers in the steel sector say they are satisfied with their feedstock at present but expect to...

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