Monthly Titanium Market Report May 2025

Content
1. Market Highlights 3
2. Policy and Economy 3
2.1 China acts to curb excessive competition, support private economy 3
2.2 China launches fourth batch of third round of environmental inspections 3
3．Market Movements 3
3.1 Chinese Market 3
3.1.1 Ilmenite TiO2 46%min Fe2O3 8%max EXW China 3
3.1.2 Ilmenite TiO2 50%min EXW China 3
3.1.3 Ilmenite TiO2 50%min In port China 3
3.1.4 Reduced Ilmenite TiO2 56%min EXW China 4
3.1.5 Titanium Slag TiO2 90%min EXW China 4
3.1.6 Rutile TiO2 95%min EXW China 4
3.1.Asian Metal Copyright4 India's titanium concentrate import volume fell 28.Asian Metal Copyright7 Titanium Tetrachloride 99.99%min EXW China 4
3.1.Asian Metal Copyright1.Asian Metal Copyright8 Titanium Sponge 99.7%min EXW China 4
3.1.9 Rutile Titanium Dioxide 93%min Zr/Si Coating Delivered China 4
3.1.10 Anatase Titanium Dioxide 98%min Delivered China 5
3.1.11 Titanium Plate TA2-2mm EXW China 5
3.1.Asian Metal Copyright5.Asian Metal Copyright12 Titanium Pipe 25.4*1mm EXW China 5
3.1.13 Titanium Plate TA2-6-8mm EXW China 5
3.1.14 Titanium Ingot TA2 EXW China 5
3.1.15 Titanium Bar TA2 Φ15mm EXW China 5
3.1.16 Titanium Bar TC4 Φ50mm EXW China 6
3.1.17 Ferrotitanium 30% EXW China 6
3.1.18 Ferrotitanium 70% EXW China 6
3.2 Chinese Import and Export Market 6
3.2.1 Ilmenite TiO2 52%min CIF China 6
3.2.2 Rutile Titanium Dioxide 93%min FOB China 6
3.3 International Market 6
3.3.1 Ferrotitanium 70% EXW India 6
3.3.2 Ferrotitanium 70%min FOB Russia 7
3.3.3 Ferrotitanium 70%min in warehouse Rotterdam 7
3.3.Asian Metal Copyright1 Ilmenite TiO2 52%min CIF China 6 3.Asian Metal Copyright4 Ferrotitanium 70%min D.Asian Metal Copyright3 Chinese titanium sponge production statistics 9 5.Asian Metal CopyrightD.Asian Metal Copyright1 Ilmenite TiO2 52%min CIF China 6 3.Asian Metal CopyrightP. USA 7
4. Company News 7
4.1 JISCO Changhong invites bids for rutile 7
4.2 Pangang Group Research Institute announces bid result for titanium ingot 7
4.3 McLaren Minerals expands titanium project potential 7
5. Production Statistics 8
5.1 Chinese ferrotitanium production statistics 8
5.1.1 Chinese ferrotitanium operating rate statistics 8
5.1.2 Chinese ferrotitanium output statistics 8
5.1.3 Chinese ferrotitanium inventory statistics 8
5.2 Chinese titanium concentrate production statistics 8
5.2.1 Chinese titanium concentrate operating rate statistics 8
5.2.2 Chinese titanium concentrate output statistics 8
5.2.3 Chinese titanium concentrate inventory statistics 9
5.3 Chinese titanium sponge production statistics 9
5.3.1 Chinese titanium sponge operating rate statistics 9
5.3.2 Chinese titanium sponge output statistics 9
5.3.3 Chinese titanium sponge inventory statistics 9
5.4 Chinese high titanium slag production statistics 9
5.4.1 Chinese high titanium slag operating rate statistics 9
5.4.2 Chinese high titanium slag output statistics 10
5.4.3 Chinese high titanium slag inventory statistics 10
5.5 Chinese titanium dioxide production statistics 10
5.5.1 Chinese titanium dioxide operating rate statistics 10
5.5.2 Chinese titanium dioxide output statistics 10
5.5.3 Chinese titanium dioxide inventory statistics 10
6. Customs Statistics 10
6.1 China's rutile pigment export volume declined 22.36% MoM in Apr 2025 10
6.2 China's Ilmenite concentrates import volume down by 12.39% YoY in April 2025 11
6.3 Australia titanium concentrate export volume up by 90.Asian Metal Copyright11 Titanium Plate TA2-2mm EXW China 5 3.Asian Metal Copyright93% MoM in March. 12
6.4 India's titanium concentrate import volume fell 28.23% YoY in Feb 2025 12
6.5 United States' titanium scrap import volume fell 19.82% YoY in Dec 2024 13
6.6 United States' titanium scrap export volume increased 17.69% MoM in Jan 2025 14
6.7 India's titanium dioxide(Ti≥80%) import volume decreased 32.22% MoM in Feb 2025 15


.Asian Metal Copyright13 Titanium Plate TA2-6-8mm EXW China 5 3Asian Metal Copyright