Hardly a week goes by without reading about yet another new application for Titanium, Titanium alloys or Titanium Oxide.

Just to remind our readers that titanium is corrosion resistant, as strong as steel and nearly half the weight and is not rejected by the human body.

These properties have caused the price of the metal to more than double since 2005 as demand has increased in the industrial, chemical, medical, energy, and electronic sectors. It is also becoming increasingly popular in the jewelry trade.

Production surpluses have caused a drop in the price of the metal in the last few months with an 8% in the first quarter of this year.

One growing area is the use of titanium in plating or coating less expensive base metals to provide users with the essential properties of the metal at a cheaper price.

Increasing world wide environmental concerns are bringing titanium, titanium alloys and titanium coated metals into play with their ability not to corrode and to be considerably lighter than the alternative steel.

Prices for the metal, its producers and processors have shown some evidence that they are beginning to firm up in recent days and it may be time to have a closer look at Titanium fundamentals.

Leading companies involved in titanium production and processing includes: -

 

Titanium Metals Corp (TIE:NYSE)

RTI International Metals, Inc (RTI:NYSE)

Brush Engineered Materials Inc. (BW:NYSE)

Dynamic Materials Inc. (BOOM:NASDAQ)  

 

titanium alloys Titanium uses

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