A new round of tenders has begun, with titanium slag temporarily maintaining a low and consolidating trend [SMM Spot Titanium Report]

SMM reported on August 5 that today's mainstream quotations for ordinary 90 titanium slag range from 6,300 to 6,500 yuan/mt, unchanged from the previous working day.

Currently, the high titanium slag market remains in the doldrums, with manufacturers generally adopting a cautious wait-and-see attitude. A new round of tenders for high titanium slag are being announced one after another, but the specific tender prices have not yet been finalized. The mainstream transaction prices for 90 low calcium magnesium high titanium slag in June had already fallen to 6,690 yuan/mt, hitting the lowest point of the year. Due to the persistent and substantial cost pressure from raw and auxiliary materials, producers continue to maintain a low operating rate in their supply, similar to the previous period. Meanwhile, the downstream market is also facing a dilemma in both supply and sales, making it difficult for the high titanium slag market to show significant improvement in the short term.