Titanium prices are subject both to long term trends and periodic volatility. Higher costs for raw materials and energy, as well as increasing demand for titanium in a range of consumer products, work to increase titanium prices.
Titanium is 30% stronger than steel, but is nearly 50% lighter. Titanium is 60% heavier than aluminum, but twice as strong. Titanium has excellent strength retention to 1,000 degrees Fahrenheit.Titanium’s high corrosion resistance is also a valuable characteristic.
Commercially pure titanium and all the titanium alloys are virtually non-magnetic making it ideal for applications where electro-magnetic interference must be minimized.