Log in to use our free company, program and sector update tracker feature.

February 2006 edition

Price of titanium still sky-high – but for how long?

By Daniel Cook

The price of titanium climbed into uncharted territory in 2005, but airframe manufacturers who use the material should take comfort. Signs are that it will fall sooner rather than later.

Experts on the metal say the titanium industry is at last addressing the shortage of titanium smelting capacity, meaning the price is likely to drop back to pre-2003 levels by the end of 2006.

Welcome news, not only for many aircraft manufacturers but also for their suppliers and partners. About half of the titanium produced globally goes into civil and military aircraft.

Over the last 12-18 months, the aircraft industry has been caught between a rock and a hard place. There are no proven alternatives to titanium in a number of airframe applications, and in any case the money and time it would take to shift to another material means the industry has been forced to grit its teeth, and wait for the price to fall.

Roger Hopper of Titanium International, a unit of the second-biggest US titanium manufacturer Allegheny, said: “Titanium has never ever been at this price level. Some say it will stay at this price for more than a year. But people who have been in the industry the longest feel it will start to ease in the next year and things will come into balance.”

The surge in demand for titanium is not just aerospace-led; the versatile material has numerous applications, and an upturn in aerospace demand has coincided with other projects.

Hopper reiterated that the price crisis would be solved n....

Full report (1239 words) is available by subscription:  

Tell a friend/colleague about this story:



 Contact details from our directory:
NAMTEC National Metals Technology Centre Research/Consulting Services, Technical/Eng/Scientific Studies
Cranfield University Aerospace Research/Consulting Services, Welding, Accident Investigation, Human Factors Engineering, Project Management, Reliability & Maintainability Services, Systems Analysis, Logistics Consultants, Marketing Consultants, Management Studies, Design Services, Academic Institutions
Allegheny Technologies Inc. Additive Manufacturing, Cobalt, Nickel, Titanium, Superalloys, Steel, Zirconium, Tungsten, Precision Machined Parts

Subscribers are able to access the full text of articles on this web site, and in a downloadable PDF newsletter. If you have a subscription already then please log in, otherwise see our latest subscription offers.

Enhanced listings:

Ascent Aerospace
Ascent Aerospace is the leading provider of aerospace tooling systems, assembly automation and factory integration.

TenCate Advanced Composites
TenCate Advanced Composites is a leading provider of thermoset and thermoplastic prepregs to the aerospace industry.

Redcliffe Precision Ltd
Aerospace Multi Axis CNC Precision Manufacturers & Thread Rolling Specialists.

Interface Force Measurements Ltd
Accurate & reliable torque, force & pressure sensors, pressure mapping systems & calibration systems.

TE Wire & Cable LLC
A premier thermocouple and specialty wire and cable manufacturer providing high-quality wire to the temperature measurement market since 1941.

See our advertising tariff.


data pages remaining in monthly quota for non-subscribers

© Airframer Limited, operated under licence by Stansted News Limited 2018. Terms & Conditions of reading. Privacy policy