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Recently, the China Nonferrous Metals Industry Association released the output of domestic titanium ore, sponge titanium and titanium materials in 2021. In 2021, the output of sponge titanium was 139900 tons, with a year-on-year increase of 13.8%; The import volume of sponge titanium was 13800 tons, with a year-on-year increase of 192.9%; Titanium production was 136000 tons, a year-on-year increase of 40.1%. It is amazing that the titanium industry can achieve such development performance under the situation of declining economic growth at home and abroad and many uncertainties in the industrial chain and supply chain!

According to the information of shangmg.com, at present, the sponge titanium industry is the third largest market of metal magnesium, second only to the application in aluminum alloy and magnesium alloy industry. The sponge titanium enterprises in the whole process need to supplement 0.15 tons of magnesium ingots to produce one ton of sponge titanium, which needs to be purchased; Semi process sponge titanium enterprises need to purchase about 1.1 tons of magnesium ingots. The magnesium procurement volume of sponge titanium industry is more than 100000 tons at most, which are all from existing silicon thermal magnesium smelting enterprises. However, since the second half of 2021, the price of magnesium has risen sharply and remained high, the cost and price of semi process sponge titanium enterprises have been seriously upside down, and they have stopped production one after another. Sponge titanium enterprises in the whole process also started their own electrolytic magnesium production line. It is understood that the construction of magnesium electrolytic plate production chain has been completed, and the cost of magnesium electrolytic plate supply chain has been reduced. The quantity of purchased magnesium ingots in sponge titanium industry has decreased sharply, and will be less after this year. This overall, strategic and substantive industrial structure adjustment has become a foregone conclusion. It is expected that, at least for a long time in the future, the sponge titanium industry will form its own system and maintain a good development momentum, and the metal magnesium and sponge titanium market will be gradually far away. I wish that we can all go well, walk steadily and go far.