FeTi prices are expected to rise
September 26, 2023 Russia will impose a new tax on exporters of iron and steel products including ferrotitanium from October 1, 2023. This news has already influenced the European market price of ferrotitanium. The sellers have lowered margins for now, but the prices are expected to rise soon. Export duty will be in range of 4% to 7% and will be effective until end of 2024.
