India’s ferro titanium market strengthened during the week ended 11 June 2026, with prices rising by INR 10,000/t ($104/t) to INR 365,000/t ($3,811/t) ex-works. The increase was primarily driven by healthy demand from stainless steel, specialty steel, and alloy steel producers, who continued to procure ferro titanium for deoxidation, grain refinement, and inclusion control applications.
Limited availability tightens domestic supply conditions: Market participants reported limited spot availability, as most domestic producers had already committed material under earlier contracts and had little unallocated inventory to offer. Tight supply conditions were further exacerbated by constrained availability of titanium scrap, the key raw material used in ferro titanium production. Rising procurement costs for scrap and stable production expenses encouraged suppliers to maintain firm offers.
Strong steel demand supports price gains: On the demand side, steelmakers remained active buyers amid steady production schedules and ongoing replenishment requirements. With sellers largely sold out and fresh material availability restricted, buyers were compelled to accept higher prices to secure prompt deliveries. The imbalance between strong demand and limited supply provided sustained support to the upward price movement during the week.
China market shows steady fundamentals
In China, ferro titanium prices remained unchanged w-o-w at around RMB 28,250/t ($4,173/t) ex-works. Market remained broadly stable, with high-titanium grades supported by elevated raw material costs and aerospace demand, while low-titanium products faced pressure from weak construction steel consumption, subdued seasonal demand, and limited cost support, resulting in continued market differentiation.
Outlook
India’s ferro titanium prices are expected to remain steady, supported by consistent steel demand and limited availability, while cautious buying, stable production schedules, and need-based procurement are likely to cap upside momentum.
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