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September 26, 2021
Manufacturing 1 ton of titanium sponge, need to use about 1.5 tons of magnesium ingot, the demand for magnesium is very large. This round of magnesium price surge will greatly push up the manufacturing cost of sponge titanium, it is reported that the sponge titanium manufacturers have suspended the external quotation on the 22nd, has not signed the contract also suspended, all this indicates that the sponge titanium price is very likely to be adjusted, manufacturers and downstream users need to make preparations for this.
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