Titanium shrink price
Osaka Titanium Technologies are finalising the value negotiation of sponge titanium with offshore rolled titanium makers to shrink the price by around 15% for 2010 delivery from 2009.
The price decreases for 2 years in a row after the price decreased by 10% to 15% in 2009 due to slow airplane demand.
The price slash would impact on price compromise with domestic rolled titanium makers in spring 2010.
