Asia
In Q4’25, titanium prices in Asia were mostly stable. In China, the titanium dioxide market stopped its long decline, with domestic prices holding steady. Export prices were lower than domestic levels, reflecting efforts by producers to remain competitive internationally. The market found a temporary balance due to moderate inventories, steady demand from coatings, plastics, and industrial users, and ongoing production without major disruptions. Imports of titanium ore, especially from Africa, remained strong as buyers sought cost-effective sources, which supported local production. Overall, Chinese producers managed to maintain prices, despite weak downstream demand in some sectors.
Europe
European titanium markets faced pressure despite stable prices in China. Anti-dumping duties on Chinese titanium dioxide limited access to lower-cost imports, keeping prices high for local users. Paint, coatings, and industrial consumers could not benefit from falling international costs. Meanwhile, expansions in local production, such as the acquisition of a UK TiO2 plant by LB Group, aimed to improve supply reliability, but the effect on prices was limited in the short term. Weak steel and construction demand, along with trade barriers, further restrained European markets.
North America
In North America, titanium prices continued to face downward pressure. Imports rose sharply from various countries as European supply overflowed into the U.S., adding to local inventories. Weak domestic demand, especially in steel and manufacturing sectors, kept prices at low levels. Some sellers reduced spot sales or held stocks, anticipating further oversupply. Price floors were introduced in contract negotiations to prevent further losses. Despite these measures, overall market sentiment was cautious, and recovery depended on stronger demand from mills and industrial users.
Analyst Insight
According to Procurement Resource, Titanium Prices are expected to remain under pressure in the short term, with moderate recovery tied to stronger industrial demand and easing of trade barriers.