A delay in the projected recovery of titanium's largest end-use sector has postponed the outlook for a significant upturn in the market by at least another year, although global markets for non-aerospace industrial products could recover before then. The titanium industry normally begins to feel the impact of a pick-up in commercial aerospace with orders a year or so before the large aircraft are actually built and delivered, Timothy Rupert, president of the International Titanium Assn (ITA), said at the ITA's annual conference last week in Monterey, California. Last year's projections were for build rates to recover in 2005, an outlook that has since proved too rosy.
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