TITANIUM SNAPSHOT: Prices jump 20% amid bull-market rally

摘要

Key data from Fastmarkets’ pricing session in Europe on Wednesday December 2. Key drivers - Ferro-titanium has jumped to a peak last seen in May 2013, with the price again reaching $6.90 per kg ddp, with consumer demand reported out as far as February on limited output. - A crunch in scrap supplies in the past few months is fueling a rally in scrap prices and that, in turn, is pushing up offer prices for alloys. - Alloy producers have also cut production this year in response to the shortfall in scrap, due to the collapse in aerospace production and airline travel.