The titanium slag market in the northern region is seeing a slight price increase compared to last month due to tight stock in slag factories. Despite the increase, high titanium slag manufacturers are still operating at the brink of loss due to cost impacts, and the high slag market quote continues to remain strong.
The price of Pan ore remains stable, and the overall supply of titanium ore in Yunnan and Chengde is also slightly tight. However, the high downstream cost has led to a pressure to reduce the price of titanium ore, and the price of titanium ore is expected to remain stable in the short term.
The price of titanium ore in Panxi, China remains unchanged. While the release of raw materials from Panzhihua Steel has slightly alleviated, the supply of titanium ore is still a bit tight. The companies are shipping well, and the market price remains stable.
The price of titanium ore in Panxi Dachang remains stable, with a slight easing of raw materials from Pancheng. However, there is still a slight tightness in the supply of titanium ore, and the companies’ shipments are good, maintaining a stable market price. This month, the bidding price of low-calcium, high-titanium slag from northern enterprises is CNY 7,800/ton (USD 1,091), an increase of CNY 110/ton (USD 15.39) from last month. The high-slag market is generally stable, and the slag factory’s quotation remains firm. Affected by cost and supply reduction, the quotation of acid slag enterprises has been slightly increased, but the downstream market is eager to lower prices. The pressure on new price orders is relatively large, but the market price is basically stable.
