It is reported that some vanadium titanium steel plants in the Chinese Sichuan Province have faced production suspension due to weak market demand, continuously falling steel prices and low margin rates. It's learned that the sales volumes of vanadium titanium steel products have remained sluggish since August 2012. The inventory to sales ratio was at 96.66%, falling by 1.6 percentage points YoY. However, the steelmakers' input costs have still remained high due to higher raw materials prices and employee costs. Affected by these factors, the vanadium titanium steelmakers' margins have dropped substantially and some of them have faced production suspension.
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October 14, 2020Since October 08,2020, China's titanium dioxide has started a new round of price increases, andmost suppliers have increased the price at US$150/ton. Moreover, Ilmeniteprice are also in rising, the cu...view
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