Titanium Producers Face Mixed Forecasts Amid Boeing Disruptions

Post Views: 321 Titanium sponge Osaka Titanium Technologies has adjusted its fiscal year sales forecast, reducing it by ¥3.5 billion ($22.8 million) to ¥49 billion. This adjustment is due to Boeing’s recent labor strikes and quality control issues. The seven-week strike disrupted Boeing’s production, leading to an expected decline in demand for titanium sponge. Despite this, Osaka Titanium‘s first-half sales reached ¥26.2 billion, a 2.8% drop, with operating profit rising 59.3% to ¥6.3 billion.   Toho Titanium Maintains Optimistic Outlook Amid Boeing Disruptions Conversely, To...