TITANIUM SNAPSHOT: Prices unchanged as market awaits tenders

摘要

Key data from Fastmarkets’ pricing session in Europe on Wednesday September 11. - The ferro-titanium market was stable for the second consecutive week, with prices in a holding pattern until consumer tenders for deliveries in the fourth quarter are settled. Quarterly delivery contracts for shipment between October and December were expected to be agreed by the end of September. No deals have been reported in the past week. - UK producer FE Mottram, which stopped alloy production in April after a fire damaged its plant, is not yet back in operation. - Suppliers expected that increased alloy demand in the near term may at least support, if not push up, spot prices against relatively tight availability. - The titanium scrap markets were stable amid steady demand.