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Global supply of titanium is forecast to increase by 20% in 2010 to around150 000 tons following a break in the strong growth cycle from 2005 to 2008when titanium sponge production increased from 104 000 tons to 176 000tons,reported by Roskill Information Services. The growth from 2005,whichsaw large volumes of new and rehabilitated sponge production come onstream,was partly driven by a surge in demand from the aerospace sector,but also by growing demand for titanium in chemical plant in China. Chinese
Global supply of titanium is forecast to increase by 20% in 2010 to around150 000 tons following a break in the strong growth cycle from 2005 to 2008 when titanium sponge production increased from 104 000 tons to 176 000tons, reported by Roskill Information Services. The growth from 2005, whichsaw large volumes of new and rehabilitated sponge production come onstream, was partly driven by a surge in demand from the aerospace sector, but also by growing demand for titanium in chemical plant in China. Chinese