TITANIUM SNAPSHOT: Ferro-titanium rally persists on flurry of short covering activity

摘要

Key data from the Wednesday March 13 pricing session in Europe.- The recent rally in the European ferro-titanium price shows no signof ending, with buying inquiries reported from within Europe andbeyond, such as the United States.- Renewed consumer demand for second-quarter deliverysettlements has combined with short covering for both promptand longer term demand amid a potential loss of 350 tonnes permonth to the spot market from one major supplier.