Driven By The Demand From National Chemical Projects, The Sponge Titanium Sector, Which Has Achieved A Historic High in Terms Of Growth

Since April, the titanium industry market has been steadily stable, and material demand has steadily increased under the drive of national chemical projects, which has also stimulated the demand for raw material sponge titanium. According to statistics, in the first quarter of this year, domestic sponge titanium production exceeded 60,000 tons, reaching a historical high. It is highly probable that the total production of sponge titanium will exceed 300,000 tons this year, but the overall supply of sponge titanium still exceeds demand. Looking at the sponge titanium industry is moving toward the entire industry chain and industrial extension. Nearly half of the sponge titanium is digested in self-circulation, and the other half is put into the market for sale. This operating mode is reflected in the market as a high sponge titanium industry, but it is difficult to purchase high-quality enterprise products, which has created a relatively tight purchasing situation in the market. This industry pattern has broken the previous Baoji model, which is the production method where small enterprises buy sponge titanium, find smelting enterprises to smelt titanium ingots, find forging enterprises to open ingots, then find rolling enterprises to roll plates, and finally sell the products themselves. The large-scale, specialized, and large-scale production of material production has quietly emerged from the production of titanium coils, which is also the reason why Baoji private enterprise plate production has gradually moved towards marginalization and small-scale alloying. Finding the right market positioning and determining a reasonable development direction has become the fundamental basis for enterprises to survive in the market.