Industrial metals · TITAN

Titanium price

Titanium currently trades at US$48.50 per kg (≈ €41.25 · £36.15) — 99.90% below the 12-month high. Over the past 12 months it has lost 3.96%, with the annual range running from US$44.00 to US$50,000. 24-hour movement is minimal (±0.00%).

US$48.50 / kg
≈ €41.25 ≈ £36.15 Unchanged 24h 0% within the 52-week range
FX Editorial Team · Data updated: · Editorially verified
Titanium (TITAN) price today US$48.50 / kg, ↑ +0.00% (24h)

Titanium chart

Interactive chart and 30-day overview

7 days
Unchanged
30 days
▲ +1.04%
+US$0.5000
1 year
▼ −3.96%
−US$2.00
52-week range
US$44.00 0% US$50,000
Titanium (TITAN) 30-day price chart — USD, EUR, GBP

The Titanium chart shows how the titanium price has moved over time. The interactive view lets you switch the timeframe (from 7 days up to MAX), the currency (USD / EUR / GBP) and overlay moving averages. Click any two points to measure the percentage change between those dates.

How is titanium priced?

Titanium is priced per kilogram — the standard metric unit for high-value or specialty commodities including industrial gases and rare-earth metals. The kilogram unit reflects retail and small-batch industrial pricing rather than bulk wholesale.

At US$48.50 per kilogram, 100 grams costs US$4.85 and one tonne US$48,500. Larger industrial buyers typically negotiate volume discounts off the published kilogram benchmark.

What moves the price of titanium?

The titanium sponge market is driven mainly by the aerospace build rate. Boeing’s 787 and 777X programmes, and Airbus’s A350 and A320neo programmes, together generate demand running into several thousand tonnes a year. A single 787 airframe contains about 15 tonnes of titanium, including engine blades, fuselage frames and landing-gear components. OEM order books, scheduling delays and Boeing’s quality-control crises feed directly into prices in long-term supply contracts. The military segment, including the F-35, F-22, Eurofighter and jet engines, is smaller but more stable and carries higher premiums. Certified aerospace-grade sponge can cost up to ten times as much as industrial-grade material in small lots.

On the supply side, geopolitical concentration is the main risk. Of global annual titanium sponge production of about 280,000 tonnes, China accounts for roughly 150 kt, or about 54%, Japan for ~50 kt through Toho Titanium and Osaka Titanium, Russia for ~40 kt through VSMPO-AVISMA, historically a supplier of about 30% of global aerospace titanium, and Kazakhstan for ~25 kt from Ust-Kamenogorsk. The United States produces only a fraction. Since the start of the war in Ukraine, western aerospace buyers such as Boeing, Airbus and Rolls-Royce have deliberately diversified away from Russian supply towards Japanese, US and Chinese sources. VSMPO-AVISMA’s direct western exposure has narrowed sharply, embedding a persistent supply premium in index prices.

Medical and industrial demand is the third durable price driver. Titanium’s biocompatibility makes Ti-6Al-4V, or Grade 5, the standard alloy for hip, knee and dental implants. Ageing populations and rising implant demand provide structural support. Chemical equipment, including chlorine production units, hydrochloric-acid tanks and heat exchangers in seawater desalination plants, often cannot be replaced with cheaper metals because of titanium’s corrosion resistance. The Kroll process, which reduces titanium tetrachloride with magnesium at about 900 °C in an argon atmosphere, is directly exposed to electricity and gas prices. Producing one kilogram of sponge requires about 30–40 kWh of electricity, far more than aluminium on a per-kilogram basis.

How to invest in titanium

Titanium is not available as a direct exchange-traded instrument for European retail investors. There is no CFD and no pure-play ETF, because the market is too narrow and illiquid. One possible indirect route is through titanium processors and aerospace stocks. Allegheny Technologies (ATI), Howmet Aerospace (HWM, formerly part of Arconic) and Carpenter Technology (CRS) are among the main western producers of titanium semi-finished products. Boeing (BA) and Airbus (AIR.PA) serve as demand-side proxies. They are not pure titanium exposures, but they are linked to aircraft build rates. The former Russian pure play, VSMPO-AVISMA, has been delisted from the Moscow Exchange and is under sanctions. It is not available to western investors.

30-day price history

Chart and daily closing prices

Titanium (TITAN) 30-day price chart — USD, EUR, GBP

Daily close

30 trading days

Date Price (USD) Price (EUR) Price (GBP) Daily change
13 May 2026 US$48.50 €41.25 £36.15 ▲ +1.04%
20 Apr 2026 US$48.00 €40.82 £35.77 —

Titanium FAQ

How much does 1 kg of titanium sponge cost? +
Standard industrial titanium sponge trades at about USD 6–9/kg, based on Argus Metals International and Fastmarkets indices. Certified aerospace-grade sponge is much more expensive: with purity of 99.6–99.7%, it can reach about USD 60–140/kg in small lots. End users in medical technology and the chemical industry usually buy semi-finished products, such as bar, sheet and tube, where processing and certification costs can make the per-kilogram price many times higher than the raw sponge price.
What is the price of 1 tonne of titanium? +
Based on sponge index prices, 1 tonne of standard titanium sponge is about USD 6,000–9,000. This is the industrial end-user reference for chemicals, desalination and general alloy use. For certified aerospace-grade lots, prices of roughly USD 60,000–140,000 per tonne are realistic. Boeing, Airbus and defence prime contractors typically sign multi-year supply contracts with Toho Titanium, Osaka Titanium and western processors such as ATI and Howmet at these price levels.
Why is there no titanium futures market? +
The size and structure of the titanium market do not support a futures contract. Global sponge production is about 280,000 tonnes, an order of magnitude smaller than copper at around 26 million tonnes, aluminium at around 70 million tonnes or steel at around 1.9 billion tonnes. Production is dominated by a few large players, including VSMPO-AVISMA, Toho, Osaka and Chinese smelters, while end users are also concentrated, led by Boeing, Airbus and defence prime contractors. Lots depend heavily on grade, purity and certification. There is not enough homogeneous material for exchange standardisation, so pricing is based on OTC physical contracts referencing USGS, Argus, Fastmarkets and Asian Metal index prices.
What is the Kroll process? +
The Kroll process is the standard industrial method for producing titanium sponge, patented by the Luxembourg metallurgical engineer William J. Kroll. Titanium tetrachloride (TiCl₄) is reduced to metallic titanium with molten magnesium at about 900 °C in an argon atmosphere. The by-product is magnesium chloride, which is recycled into magnesium electrolysis. The process is highly energy-intensive, requiring ~30–40 kWh of electricity per kilogram, and slow, with one reactor cycle taking 3–5 days. The resulting porous metal mass, or sponge, is the feedstock for further ingot melting, including VAR, or vacuum arc remelting.
How can I buy titanium for investment purposes? +
There is no direct exchange-traded titanium instrument for European retail investors. No CFD or pure-play ETF is available. The practical routes are titanium-processing stocks, such as Allegheny Technologies (ATI), Howmet Aerospace (HWM) and Carpenter Technology (CRS), aerospace OEM proxies, such as Boeing (BA) and Airbus (AIR.PA), which provide indirect build-rate exposure, and aircraft engine makers, including Rolls-Royce (RR.L), GE Aerospace and Safran. Russia’s VSMPO-AVISMA is under sanctions and has been delisted. Physical titanium investment in bar or sheet form is possible, but it is illiquid and lacks an institutional buyer market.
Who dominates the global titanium sponge market? +
Of global production of about 280,000 tonnes, China accounts for roughly 150 kt, or about 54%, Japan for ~50 kt through Toho Titanium and Osaka Titanium, Russia for ~40 kt through VSMPO-AVISMA in Verkhnyaya Salda, and Kazakhstan for ~25 kt through the Ust-Kamenogorsk Titanium-Magnesium Plant. The remainder is split between the United States, Ukraine and a few smaller producers. The top four producers — China, Japan, Russia and Kazakhstan — together account for ~95% of global sponge output. The supply side is highly concentrated.
What is titanium used for outside aerospace? +
Titanium’s high strength-to-weight ratio, corrosion resistance and biocompatibility support four main markets outside aerospace: medical technology, including Ti-6Al-4V hip, knee and shoulder implants, dental implants and cranial plates; chemicals, including chlorine-production cells, hydrochloric- and sulphuric-acid tanks and heat exchangers; seawater desalination plants, where titanium is effectively resistant to chloride corrosion; and defence and specialist industry, including submarine hulls, ballistic armour and chemical heat-treatment reactors. Titanium dioxide (TiO₂), the white pigment used in paint, paper and cosmetics, is a separate market. It uses the same base element, but its pricing is completely detached from metallic titanium sponge.
How are gains on titanium-related shares taxed? +
Tax treatment for gains on titanium-processing shares and aerospace stocks varies by jurisdiction; consult a local tax adviser.

More industrial metals

Copper
US$6.41
pound
Aluminium
US$3,668
tonne
Zinc
US$3,542
tonne
Nickel
US$18,880
tonne
Data sources: USGS — Mineral Commodity Summaries: Titanium · International Titanium Association (ITA) · Fastmarkets MB — Titanium prices · Argus Metals International — Titanium