It is reported that some vanadium titanium steel plants in the Chinese Sichuan Province have faced production suspension due to weak market demand, continuously falling steel prices and low margin rates. It's learned that the sales volumes of vanadium titanium steel products have remained sluggish since August 2012. The inventory to sales ratio was at 96.66%, falling by 1.6 percentage points YoY. However, the steelmakers' input costs have still remained high due to higher raw materials prices and employee costs. Affected by these factors, the vanadium titanium steelmakers' margins have dropped substantially and some of them have faced production suspension.
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September 6, 2017Russia's VSMPO-Avisma, the world's biggest producer of titanium, expects profits to rise 25 percent to some $250 million this year due to robust demand from the aerospace industry, the firm's key customer. While ...view
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September 6, 2017Indonesia's main rubber grouping is calling on the world's second largest producer to cut output next year by 10 percent, while urging other Southeast Asia rubber-growing countries to do the same to reduce gl...view
November 11, 2022According to the market demand for titanium dioxide, along with the rising prices of raw material, and the depreciation of the RMB exchange rate, China titanium dioxide suppliers announced price incre...view
December 8, 2023According to the market demand for titanium dioxide, along with the rising prices of raw material, and the RMB exchange is going strong, China suppliers announces a new titanium dioxide price increasi...view