Abstract
The recent trends in the world output of titanium-containing concentrates and titanium sponge – intermediate product in the production of metallic titanium – has been studied. The differences in the dynamics of these indicators have been found due to the fact that titanium-containing concentrates are used not only as raw materials for the production of titanium metal. The clusters of the world's major producers of titanium-containing concentrates and titanium sponge have been identified. The range of factors potentially influencing the titanium sponge price dynamics has been studied; the independence of this dynamics from fluctuations in supply and demand and the price of raw materials has been shown. The results of activity of JSC “Corporation VSMPO-AVISMA” were analyzed. The study shows that the main factor determining the sales profit margin of the Corporation is the dynamics of the exchange rate; a quantitative assessment of the degree of such influence has been made.
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