Titanium surcharge drops at a faster pace

Oct 02, 2013 | 11:37 AM | Frank Haflich

Tags  titanium, titanium surcharge, Allvac, Allegheny Technologies, aerospace titanium, titanium bar, titanium billet, titanium flat products Frank Haflich

LOS ANGELES — A key titanium surcharge fell at a fast rate in the fourth quarter after easing slightly for the previous three months.

Allvac Inc., a unit of Pittsburgh-based Allegheny Technologies Inc., lowered its fourth-quarter surcharge on standard aerospace titanium 6aluminum/4vanadium bar and flat products to $4.36 per pound, down 10.3 percent from $4.86 in the third quarter, and applied similar surcharges on titanium 6/4 Eli (extra-low interstitial) bars, flats and billet. The Monroe, N.C.-based company also cut....

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