Titanium spot prices mired at low levels

Feb 19, 2014 | 04:51 PM | Frank Haflich

Tags  Titanium prices, titanium scrap, nonaerospace, Frank Haflich

LOS ANGELES — While titanium spot prices remain mired at low levels, some buyers are nevertheless filling inventory holes at a brisker pace and scrap tags—seen by some as a harbinger of eventual price movement—appear to be firming.

Lead times for standard aerospace titanium 6-aluminum/4-vanadium ingot are reported as short as four to six weeks—less if material is on the floor—while quotes in some cases dipped below $8 per pound, according to buyer sources.....

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