India: Ferro titanium prices continue to rise on tight supplies, higher input costs

• Tight availability and rising costs support prices
• Chinese ferro titanium market remains largely stable

Indian ferro titanium (Ti:70%, 10–50 mm) prices increased by INR 6,000/t ($62/t) w-o-w to INR 350,000/t ($3,656/t) exw, supported by rising raw material costs, tighter spot availability, and improved demand from the steel sector. Sellers continued to maintain firm offers amid constrained inventories and higher procurement costs, while buyers remained active with regular  purchases.

Meanwhile, China’s ferro titanium market remained broadly stable, supported by higher sponge titanium and aluminum powder costs. Tight supply of high-grade material following earlier production cuts supported firm quotations, while low-grade ferro titanium continued to face pressure from ample supply and cautious downstream buying. Steel mill tenders provided some consumption support, though weak restocking interest and cautious sentiment kept the market largely range-bound in the near term.