Titanium spot market under pressure, prices drop
Sep 13, 2013 | 06:38 PM
| Frank Haflich
LOS ANGELES Spot prices for commodity titanium continue to be under pressure, reflecting a market thats showing little sign of improvement moving into the fourth quarter.
Spot prices for standard aerospace 6 aluminum/4 vanadium ingot have slipped below $9.50 per pound to a range of $9.25 to $9.30, according to some industry sources, while spot prices for 1-inch-diameter bar are threatening to fall below $20 per pound in some cases from an estimated range of $24 to $25 late last year.
Lead times for 6/4 ingot are estimated as short as four to six weeks, while deliveries for 6/4 bar are estimated at six to eight weeks compared with as long as 12 weeks earlier in the year. ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.