Higher prices cut into titanium scrap exports

Oct 11, 2005 | 02:35 PM | Michael Marley

Higher prices and weaker demand from offshore ferroalloy makers drove down U.S. exports of titanium scrap in July after two months of better-than-average sales.

Shipments to overseas alloy buyers totaled 1,587 short tons in July, down 12.4 percent from 1,812 tons the previous month and 14.1 percent below the 1,848 tons shipped in May, according to the latest statistics from the U.S. Commerce Department.

Despite the decline, July's exports remained about three times higher than the monthly pace of the past three years prior to August 2004.....

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