An impending deficit of aerospace-approved titanium sponge is set against a burgeoning Chinese market; the ramp-up in aerospace manufacturing has yet to truly take off, skewing scrap market dynamics, and near to medium term growth prospects; and leaving inventory overhang in various parts of the value chain.
Access the full insight to find out more about market drivers, including:
- Airframer build rates
- Sponge: impending deficit and Chinese oversupply
- US ingot capacity expansions
- Scrap generation versus consumption: when will the overhang clear?
