Titanium shipments race past forecasts
Nov 08, 2011 | 05:29 PM
| Frank Haflich
Tags
Titanium,
USGS,
Shipments,
allegheny technologies,
uniti titanium,
boeing,
airbus,
frank haflich
LOS ANGELES — With U.S. titanium shipments blowing away earlier estimates, industry observers are looking for clues on whether the torrid pace will hold through the end of the year.
Second-quarter shipments of 14,300 tonnes (31.53 million pounds) were not only 24.3 percent ahead of the same period in 2010, but also nearly 39 percent higher than in the first three months of this year, according to the latest data from the U.S. Geological Survey (USGS).
At 24,700 tonnes (54.45 million pounds), first-half shipments were at an annualized rate approaching 110 million pounds, outstripping most forecasts for 2011 shipments, which generally have been no higher than 100 million pounds.....
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