Pieces falling into place for ‘significant growth period’: ITA

Sep 30, 2011 | 07:00 PM |

Tags  Titanium, International Titanium Association, Aerospace, Frank Haflich

As global markets continue to pull out of their recent slump, the head of the International Titanium Association (ITA) maintains that the industry will meet the challenge of rising demand.

ITA president Michael Metz acknowledged that when titanium emerged from a downturn in the past, it often struggled through a period of supply-demand "imbalance" as it strived to supply the requirements of resurgent markets.

This time, as commercial aerospace embarks on what is expected to be an era of prolonged growth as non-aerospace industrial demand also rebounds, the question is: can the industry handle the coming ramp-up? "Yes," Metz said, emphasizing that titanium companies today are "well capitalized and they’ve recognized the opportunities that are out there to grow the business."....

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