Ferro Titanium in USA and Europe market ( 13 June 2008 )

American manufacturers are obsessed by the 70% Ferro titanium market at present. Although the prices of scrap steel, iron ore, electricity and transportation are all going high, Europe market offer a more competitive price than America for the Ferro titanium. Last week, the price of Ferro titanium is $3.75-3.80/lb in America market while it is close to $9/kg in Europe market.

The Europe and Russia Ferro titanium does not take a big share in America market but have small vantage compared with 35% Ferro titanium. It is reported that the Ferro titanium price will be steady in America market. - by King Titanium