Titanium market eyes 2013 price pickup
Dec 07, 2012 | 04:43 PM
| Frank Haflich
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Frank Haflich
LOS ANGELES — The titanium spot market is looking to next year for pricing improvement as ingot prices show signs of slight softness as 2012 winds down.
Prices for 6 aluminum/4 vanadium standard aerospace ingot have settled in a general range of $10 to $11 per pound, down about $1 to $2 per pound from levels seen in the first half of the year.
Some market sources noted that it’s not unusual for spot ingot prices to dip in December, when certain producers seek to boost their end-of-year cash flow. "I’ve seen no uptick in volume. People are continuing to fight for market share," one industry source said.....
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