Arms race set to boost metal alloys markets

Newswire

OSLO, May 27 (Reuters) - A sharp rise in arms spending will be strongly supportive for high-temperature alloy markets in Europe and the United States, compensating for current depressed production in the commercial aerospace sector, a leading alloy processor told an international conference on Tuesday. The major end-users of high-temperature alloys, such as ferro-nickel and ferro-titanium, are the military and aerospace sectors, and to a lesser extent the auto industry. "The arms race is ...

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