Although there are no direct sanctions against Russian ferrotitanium suppliers, European consumers avoid buying this material due to reputation risk.

In April, Russia's ferrotitanium export volume was 1112 tons, with a month on month decrease of 38% and a year-on-year decrease of 2 times. Although Russian manufacturers managed to establish alternative logistics and payment methods, shipments in the country decreased. It is worth noting that a month ago, due to the sanctions imposed on Russian financial institutions and the serious complexity of logistics, suppliers tried to transport all available quantities abroad. From January to April, the total export volume decreased by 34% year-on-year to 5114 tons.

The quotation of EU ferrotitanium (70% Ti) decreases by US $2.5/kg to US $12-15/kg FCA Rotterdam on a month on month basis. However, the quotation of Russian alloy is much cheaper, which is $7 / kg Ti FCA, excluding tariffs