Ferrotitanium

The main components are iron alloys of titanium and iron. It also contains aluminum, silicon, carbon, sulfur, phosphorus, manganese, and other impurities.

Used as steelmaking deoxidizer, desulfurizer, degasser, and alloying agent. Added to steel as an alloying element in the steelmaking process to refine the structure and grain, fix the interstitial elements (C, N), and improve the strength of the steel, etc

Titanium is used in steel applications for airframe and aircraft components, deep drilling, hand tools, tool and machine coatings, heat exchange equipment in electrical engineering, and various components throughout the chemical and petroleum industries

1. Feti

Ferro-titanium is an alloying agent with a titanium content between 65wt% and 80wt%. It is in the form of fine powder (0.5-5 mm) and block (5-50 mm), mostly used in steel production due to its deoxidizing effect

2. Ti sponge

Sponge titanium is an intermediate product of titanium metal extraction, and the purity of titanium is as high as 97wt%-100wt%. He is the raw material for making titanium alloy, billet, and ingot

European ferrotitanium (70% Ti) prices are quoted at US$5.1-5.65/kg Ti FCA Rotterdam, compared with US$5.1-5.4/kg Ti FCA a week ago. The reason for the price increase is the manufacturer's price increase.

In addition to this, Russian products are quoted at USD 4.5/kg Ti FCA Rotterdam and above, including tariffs. Supplies of alloys originating in the country to the EU remain large, and consumers are increasingly willing to purchase Russian alloys despite sanctions and reputational risks.

For more information on ferroalloy price trends and market conditions, please contact Hainan West Asia Group.