Titanium Demand Surges due to Russia-Ukraine Conflict

Due to the conflict between Russia and Ukraine, exports from both countries have been severely hampered. Actually Russia and Ukraine are the main suppliers of titanium raw materials in the world, and their export ratio of titanium sponge and titanium processing materials is very high.The conflict has increased the possibility of titanium raw material supply shortage in the international market, and it is expected that international buyers will shift and lock the procurement target to China.

Since last week, titanium demand has surged and exports have also increased in Baoji, China. At the same time, due to the growth of raw materials, it is expected that the price of titanium materials will rise, please titanium manufacturers timely purchase and stock titanium sponge, in order to prevent the price rising and out of stock.