Summary

Recently, the downstream titanium dioxide market has been stable, with businesses maintaining steady inquiries and small and medium factories giving firm quotes. The titanium ore market is currently stable. This month, the bidding price for low-calcium, high-titanium slag from northern businesses is 1095.45 USD/ton, up by 15.45 USD/ton from last month. The high-slag market has been running smoothly these days, with individual slag factories in Inner Mongolia resuming production. However, due to downstream demand, some slag factories in the north are still shut down, keeping the market operation rate low.

Summary:

The downstream market inquiries are steady, with the price of Panzhihua Iron and Steel maintaining its firmness. The market transaction prices are chaotic, with some mines in Yunnan still undergoing maintenance. This has caused the market supply to be limited and the prices are temporarily stable. This month, the low calcium magnesium high titanium slag bidding price of enterprises in the north is around USD 1,098.35/ton, an increase of USD 15.49/ton compared to last month. The inventory of slag factories in the northern region is being digested and the enterprise’s offer is firm. The acid slag market is affected by weak demand and increased market supply. Yunnan slag factories are under great production pressure, and some have stopped production.

The supply of titanium ore in the Panxi region is tight, leading to a firm price trend for small and medium-sized titanium mines. Some mines in Yunnan are still under maintenance, resulting in limited market supply and stable price operations. This month, the bidding price for low-calcium, high-titanium slag from northern companies is 7800 yuan/ton (approximately $1100.28/ton), an increase of 110 yuan/ton (approximately $15.52/ton) from last month. Due to the digestion of slag factory inventory in the northern region, the company’s quotation remains firm.