As of February 12, Fastmarkets advises that it cannot publish an update to its price assessment for rotor-quality titanium sponge from Japan until further notice, following the partial shutdown of the US government.
The assessment is dependent on data published by the US Geological Survey (USGS), which was affected by the shutdown that extended from December 22, 2018, until January 25, 2019.
The titanium sponge price, which is normally published on the 10th of each month, is based on a calculation that averages the most recent three months of import data provided by the USGS. As of this month, USGS has not updated those figures, although President Donald Trump signed a bill to restore normal operations at a number of federal agencies for three weeks, until Friday February 15.
If you have any questions regarding this notice, please contact Michael Roh at email@example.com. Please add the subject heading FAO: Michael Roh, re: Titanium sponge.
To see all of Fastmarkets AMM’s pricing methodology and specification documents, click here.