India: Ferro titanium prices strengthen following global signals
Indian ferro titanium prices (Ti: 70%, 10 -50 mm) increased further by INR 13,000/t ($141/t) w-o-w to INR 330,000/t ($3,581/t) exw-India. Strong cost support and improving seasonal demand prompted global sellers to raise prices and Indian sellers too aligned their offers accordingly. However, buyers stayed cautious and few deals were reported upto INR 320,000/t ($3,472/t) exw levels.