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Discontinuation of four US titanium prices

Fastmarkets has discontinued four quarterly US titanium prices, effective from Friday September 1.

September 1, 2023
By Grace Asenov
Pricing notice Titanium

After a three-month consultation period, the following prices were discontinued due to a lack of market liquidity:

MB-TI-0005 – Titanium plate alloy AMS 4911, fob shipping point US, $/lb
Quality: AMS 4911 ½in x 48in x 120in
Location: fob shipping point
Unit: US dollars per lb
Publication: Quarterly

MB-TI-0006 – Titanium bar alloy AMS 4928, fob shipping point US, $/lb
Quality: AMS 4928, 1in diameter
Location: fob shipping point
Unit: US dollars per lb
Publication: Quarterly

MB-TI-0007 – Titanium plate commercially pure, fob shipping point US, $/lb
Quality: ASTM-B265 Grade 2, ½in x 96in x 240in
Location: fob shipping point
Unit: US dollars per lb
Publication: Quarterly

MB-TI-0008 – Titanium sheet commercially pure, fob shipping point US, $/lb
Quality: ASTM-B265 Grade 2, 1/8in x 36in x 96in
Unit: US dollars per lb
Location: fob shipping point
Publication: Quarterly

Fastmarkets received feedback about the proposal that was deemed non-material because the source could not increase liquidity in these assessments and was willing to use MB-TI-0004 instead.

Fastmarkets will continue to assess titanium ingot 6Al-4V, fob shipping point US (MB-TI-0004) on a quarterly basis. The next assessment for that market will be on Tuesday October 10.

All short-term forecasts associated with these prices produced by Fastmarkets, if any, have also been discontinued.

To provide feedback on this change, or if you would like to provide price information by becoming a data submitter, please contact Grace Asenov by email at: pricing@fastmarkets.com. Please add the subject heading: “FAO: Grace Asenov, re: US titanium.”

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

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