Europe Ti markets extend downward trend ahead of Q3 tenders
Price losses in the European ferro-titanium and titanium scrap markets showed no sign of stopping in the week to Wednesday June 15, although the downtrend in alloy seen in the past couple of months appears to be slowing while producers resist cheaper bids, industry sources have told Fastmarkets.
Weaker pricing in scrap, however, seems set to persist for a while longer because the markets assessed by Fastmarkets are looking at further losses in the near term, sources said.
