VSMPO-AVISMA is re-entering the ferrotitanium market

SVERDLOVSK REGION

The VSMPO-AVISMA Corporation, OJSC is resuming its manufacture of ferrotitanium at its facilities in Verkhnyaya Salda. There are plans to produce 300 tons by the end of April 2014.

VSMPO-AVISMA's press office told RusBusinessNews that a decision would be made soon regarding the possibility of manufacturing the material for export.

In September 2013, fabrication of this product was suspended at VSMPO-AVISMA, due to the sharp decline in demand and prices. At the time the business even entertained the possibility of completely shutting down its production of ferrotitanium.