India: Ferro titanium prices remain largely stable w-o-w amid firm raw material costs, steady demand

• Sellers keep offers firm amid limited supply of low-priced material
  
  
• Chinese prices unchanged amid gradual June procurement by mills
  
  

Indias ferro titanium market remained largely stable during the week ended 4 June 2026, despite a marginal decline of INR 5,000/t, as firm raw material costs and consistent end-user demand provided underlying support. Prices were assessed at INR 355,000/t ($3,706/t) ex-works India, reflecting a broadly balanced market structure with limited volatility. Market participants noted that steady procurement from alloy consumers helped offset mild price corrections, keeping overall sentiment stable across domestic trading hubs.

On the supply side, sellers maintained firm offers, supported by elevated input costs and restricted availability of low-priced material. This prevented any significant downward pressure despite cautious buying behaviour. Demand from special steel and alloy segments remained steady, with buyers largely purchasing on a need basis, avoiding aggressive restocking.

In China, ferro titanium prices remained unchanged w-o-w at around RMB 28,250/t ($4,173/t) ex-works. Gradual June procurement by steel mills offered some support; however, weak construction steel demand and adverse weather conditions in southern regions continued to limit end-use consumption.

Overall, global sentiment remained cautious, with both Indian and overseas markets reflecting a stable-to-mildly subdued trading environment driven by balanced fundamentals.