Titanium spot market under pressure, prices drop

Sep 13, 2013 | 06:38 PM | Frank Haflich

Tags  titanium, titanium prices, titanium scrap, boeing co., Frank Haflich

LOS ANGELES — Spot prices for commodity titanium continue to be under pressure, reflecting a market that’s 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. ....





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