What Is The Average Cost Of Titanium Per Gram/Pound In 2011? Average Titanium Price 2011

Titanium prices are determined by alloy, quantity, configuration and the specifications that it meets such as powder, ingot, sheet, bar, or tube. Normally, the prices depend on how pure the titanium is and the quantity at which it is purchased. Pure titanium costs more than alloy and gets cheaper with the quantity bought. The average cost of titanium in 2011 is expected to be $43 per pound for commercially pure and $29.50 per pound for alloy as buyers and sellers are negotiating Q4 price initiatives of 8 cents per pound that would take effect from January. Ferro titanium prices are likely to remain in the $5.50-$8.50 per kg Ti range. According to suppliers, they are still running at full rates despite struggling to rebuild inventories ahead of the spring 2011 coatings season.