"Titanium" has a play, the Russia-Ukraine war benefits the Chinese market?
On the ninth day of the Russo-Ukraine war, Europe and the United States have launched sanctions against Russia, and several aero-engine manufacturers are looking for new suppliers of titanium, all focusing on China.
Boeing has stopped buying titanium from Russia, closed its engineering offices in Moscow and Kiev, and stopped sending spare parts to the Russian airline.In addition, Boeing declined to say how it would handle its relationship with the joint venture.According to reports, a Boeing spokesman said a third of Boeing's titanium comes from Russia and the rest comes from the United States, China and Kazakhstan.
Titanium is an essential raw material for the aviation industry. Aircraft manufacturers like Boeing and Airbus, as well as various aero-engine manufacturers that are looking for new titanium suppliers, are focusing on China and are seeking cooperation with domestic suppliers to make up for the risks facing the supply chain.Nearly half of European aviation manufacturers buy titanium from Avesma, and the Russo-Ukraine war has forced relevant companies to buy titanium from German dealers.With the reduction of aviation manufacturing materials inventory, foreign companies are accelerating the search for other sources of titanium materials, which brings good opportunities for domestic titanium manufacturers to accelerate their entry into the international market.Enterprises should increase the pace of publicity and obtaining international certification to lay a foundation for the rapid entry into the international market.
