Titanium Market Report April 2014
2014-05-20 14:54:28 【Print】
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The titanium market continued to be slow in April, faced with weak demand from downstream consumers, and prices for all kinds of titanium product were in a downtrend with few new orders concluded. Impacted by the ongoing fall in aluminite powder prices alongside weak demand, Chinese ferrotitanium prices dropped further in April.
Ferrotitanium prices in Europe went down slightly, mainly due to oversupply, and demand from steel mills remained quiet with few new tenders. Moreover, some Russian ferrotitanium with very low prices began appearing in the European spot market with very low prices. Against the backdrop of international ferrotitanium prices falling, ferrotitanium 70%min prices in India also moved down, but ferrotitanium 30%min prices remained stable.
Ferrotitanium prices in Europe went down slightly, mainly due to oversupply, and demand from steel mills remained quiet with few new tenders. Moreover, some Russian ferrotitanium with very low prices began appearing in the European spot market with very low prices. Against the backdrop of international ferrotitanium prices falling, ferrotitanium 70%min prices in India also moved down, but ferrotitanium 30%min prices remained stable.
