Titanium surcharge fall stirs lead time fears
Oct 01, 2012 | 05:22 PM
| Frank Haflich
LOS ANGELES A key raw material surcharge in titanium has further declined for the fourth quarter, and some buyers are growing nervous about the implications of falling lead times.
Monroe, N.C.-based Allvac Inc., a unit of Pittsburgh-based Allegheny Technologies Inc., has reduced the raw material surcharge on benchmark aerospace alloy titanium 6 aluminum/4 vanadium bar and flat products to $6.67 per pound, down 2.6 percent from $6.85 per pound. Its fourth-quarter billet surcharge is $6.07, down 2.7 percent. ....
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