Global Market (GLOBAL) · USD
| Market | Price (USD/oz t) | Status |
|---|---|---|
|
Global Market
viewing
GLOBAL · XX
|
$49.37
09 Jan
|
Closed |
Titanium is a lightweight, high-strength, and highly corrosion-resistant base metal used chiefly in aerospace and defense, chemical processing, power generation and medical implants, with additional demand from specialty alloys and industrial applications. Prices are driven by a concentrated and limited feedstock supply (rutile/ilmenite), energy- and capital-intensive production routes (e.g., the Kroll process), availability of recycled scrap, and cyclical demand from aerospace and industrial sectors alongside freight, currency and geopolitical factors.