MetalMiner’s North American Titanium Index is a weighted average of all prices submitted for each grade of titanium. Produced each Friday, the average is normalized to account for the composition, size, and quantity of the material purchased, as well as other cost drivers specific to the North American market. The index value is a statistical measure of price movement based on an initial index value established on January 6, 2012.
MetalMiner Titanium prices are based on a proprietary database of more than 31+ million transactions collected from more than 1,100 companies operating in 20 industries across North America. Produced each Friday, current prices reflect the average of all prices submitted for a specific grade of metal normalized to account for form, size and quantity purchased. Ti-6-4 bar is one of the most widely used grades of titanium due to its strength to weight ratio, stiffness, and corrosion resistance. These factors make it indispensable for aerospace, medical, marine, and chemical processing applications.