20.01.2009, 15:26 2673

Prices in world market of titan increased

According to Metal Pages, there is a small growth of the average prices of 70 % ferrotitanium in the world market of titan. London magazine Metal Bulletin notes some renewal of purchasing activity for the first time since June of 2008.

Almaty. January 20. Kazakhstan Today - According to Metal Pages, there is a small growth of the average prices of 70 % ferrotitanium in the world market of titan. London magazine Metal Bulletin notes some renewal of purchasing activity for the first time since June of 2008.

At the same time in China the prices for titan have appeared under pressure of weak demand, Metal Pages informs. Though manufacturers of titanic sponge have reduced the price, the concluded transactions are not enough, as consumers of titan are under threat of further reduction of manufactures.

The American spot market of ferrotitanium has slowed down by absence of transactions. However, some sources inform that manufacturers have reacted to reduction of prices by decrease in deliveries of the goods on the spot market.

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