Shanghai Nonferrous Metals News
LoMo and Billions made sales of 120 kt of TiO2 pigment in February 2023, hitting a new high point, of which about 55% is for export. After the acquisition of Fengyuan Co. Ltd., the company currently has titanium concentrate production of 150 kt per month and iron concentrate production of 350 kt per month.
LoMo and Billions raised its TiO2 pigment prices (sulfuric process and chlorination process) by RMB 1,000/t on the domestic market and by USD 150/t on the global market on 1st March. Also it raised its titanium sponge prices by RMB 1,000/t on the domestic market, this is the 2nd price lift by the company this year.
