Market Summary

The downstream market remains sluggish, with small and medium mining enterprises facing significant pressure to sell. Market transactions are at a standstill, with high prices for raw materials, and high production costs at processing plants. Some companies have temporarily stabilized their quotations, and there is a strong sense of caution in the titanium ore market.

Titanium Slag

In December, northern enterprises quoted a price of 6,950 CNY/ton for 90% low-calcium-magnesium high-titanium slag, which is an increase of 200 CNY/ton from the previous month. The cost of raw materials remains high, leading to pressure from high slag costs. There is a tight supply of goods in the north, and market quotations are firm.