The total output of sponge titanium is 60056 tons, and the annual output is expected to reach 150,000 tons

In May 2021, China's titanium sponge production was 12,470 tons, a year-on-year increase of 45.68% and a month-on-month increase of 3.07%. From January to May of 2021, the total production of titanium sponge was 60056 tons, a year-on-year increase of 36.39%, and the output from January to May of 2020 increased by about 16,606 tons.
With the release of titanium sponge production capacity and the ease of raw material supply, the production of titanium sponge increased in May. With the release of new domestic production capacity in June, it is expected that the production of titanium sponge will continue to increase in June.
The top three domestic production regions of sponge titanium, Liaoning, Sichuan, and Xinjiang, accounted for 33%, 19%, and 16% of the total domestic production, respectively.
The military market for sponge titanium is in strong demand, the market supply is tight, and the civilian market has recovered. With the overall recovery of the market, the demand for sponge titanium has increased, the price of raw materials has continued to rise, and the cost of manufacturers has continued to increase.
Titanium Industry Information Media expects that the production of titanium sponge will reach 150,000 tons in 2021, and the imported titanium sponge will exceed 10,000 tons.
The military industry has a strong demand for small particles of titanium sponge, and slabs and tube billets for chemical equipment are still the largest in the industrial titanium sponge market. Risk investment in the policy market must be prevented.