Titanium Market Report September 2014
2014-12-25 17:33:59 【Print】
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Titanium downstream market demand continued being weak in September
Ferrotitanium 70%min prices decreased in the European market this month. On one hand, consumers showed few interest to make purchase . on the other hand, suppliers were eager to promote deals with lower prices so as to clear out inventories under the influence of the European Union’s upgrading sanction to Russia.
. Prices for titanium ilmenite and high titanium slag decreased slightly, while titanium tetrachloride prices saw further increase due to tight supply resulted from producers’ low operation rate . In middle and late September, many titanium sponge producers raised their prices under cost pressure, however, customers refused to accept the new prices with few deals concluded . Due to the low buying activities from steel mills, ferrotitanium market saw no signs of rebounding and prices have kept steady over the month.Ferrotitanium 70%min prices decreased in the European market this month. On one hand, consumers showed few interest to make purchase . on the other hand, suppliers were eager to promote deals with lower prices so as to clear out inventories under the influence of the European Union’s upgrading sanction to Russia.