The bidding price for high titanium slag with low calcium and magnesium from northern companies this month is $1,092.41/ton, an increase of $15.40/ton from last month. The high slag market remains stable overall, and slag factory quotes remain firm. Affected by reduced costs and supply, acid slag companies have slightly increased their quotes. However, the downstream market has strong price-cutting sentiment, and the pressure on new orders is substantial, with market prices generally remaining stable.

The titanium ore market is operating steadily, with good business shipments and stable market prices. The bid price for low-calcium and high-titanium slag from northern companies this month is 7800 yuan/ton (equivalent to $1100/ton with exchange rate 7.09330), an increase of 110 yuan/ton ($15.51/ton) from last month. The high slag market is generally stable, and the slag factory’s quotation is firm. Due to cost and reduced supply, acid slag companies have slightly increased their prices, but the downstream market has a strong price reduction sentiment. The pressure to close new price orders is greater, and the market price is basically stable.

Summary

The prices of Panzhihua Iron and Steel Co. remain high, with steady demand in the downstream market. The supply and demand of titanium ore are basically balanced, and market prices are expected to continue to stabilize. This month, the bidding price for low-calcium and high-titanium slag from northern enterprises is 1,092.90 USD/ton, an increase of 15.41 USD/ton from last month. The high cost of raw materials and high slag costs remain high, and market quotes remain strong.

The price of Pan ore remains high. As some downstream enterprises have completed their maintenance, the market demand remains stable, and the supply and demand of titanium ore basically maintain a balance. The market price will continue to operate stably. The bidding price of low-calcium, high-magnesium, high-titanium slag from enterprises in the north this month is 1,092.38 USD/ton, up 15.42 USD/ton from last month. The high cost of raw materials and slag persists, keeping market quotations firm.

The domestic titanium ore price remains stable with supply and demand maintaining a basic balance, keeping the market operation steady. Import miners still face pressure from high-priced shipments, and some new order prices are slightly weaker. The tender price for low-calcium, high-titanium slag from northern enterprises this month is 7800 RMB/ton, up 110 RMB/ton from last month, equivalent to approximately $1102.5 and $15.55 per ton respectively at an exchange rate of 7.07820. The high slag market price remains firm: individual enterprises in Inner Mongolia have resumed work this month: Liaoning’s start-up is still low, and the high slag market is temporarily stable.

The titanium ore market price is currently stable, with businesses not under pressure to ship goods, hence the market remains steady. This month, the tender price for high titanium slag with low calcium and magnesium from northern companies is 1,092.59 USD/ton (7800 yuan/ton), an increase of 15.42 USD/ton (110 yuan/ton) from last month. The high slag market price remains firm. Some individual businesses in Inner Mongolia have resumed operations this month. Operations in Liaoning are still at a low level. The high slag market remains stable.

The Titanium ore market prices are steady for the time being, businesses are not under a lot of pressure to ship, and the market is maintaining stability. This month, the bidding price for low-calcium, high-titanium slag from northern enterprises is 7800 yuan/ton, an increase of 110 yuan/ton over the previous month. The high slag market prices remain strong. This month, some enterprises in the Inner Mongolia region have resumed work, while Liaoning is still at a low start, and the high slag market remains stable.