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Original Title: China's Brilliant Titanium Industry Achievements in 2020 In 2020, the sudden outbreak of COVID-19 had a serious impact on the world economy. The global economy, trade and investment suffered setbacks, and the economic growth of major economies such as the United States, the European Union, Japan and China was divided. In 2020, Boeing, Airbus and other international aviation companies with the largest demand for titanium materials were affected by the epidemic, and their orders were greatly reduced, resulting in a sharp drop in international demand for titanium. Taking Russia as an example, the annual output of titanium processing materials is only 26,000 tons, a decrease of 23.5% compared with the same period last year. However, China's titanium industry outshines others, with the output of titanium materials reaching nearly 100,000 tons, accounting for more than 50% of the global output of titanium materials. It is estimated that the output of global titanium processing materials will be close to 200,000 tons, a certain increase compared with the same period last year. Development of China's Titanium Industry in 2020 Titanium industry capacity expansion By the end of 2020, the production capacity of titanium sponge in China has increased by 12.0% compared with 2019, reaching 177,000 tons, which is mainly due to the continuous merger, reorganization and expansion of domestic large-scale titanium sponge production enterprises, which are optimistic about the growth of future demand. The top three titanium sponge manufacturers with the largest output in China have expanded their production capacity to varying degrees in 2020, especially Luoyang Shuangrui Wanji Titanium Industry Co., Ltd.,titanium bar grade 5, which has increased its production capacity by 10000 tons. In 2020, the overall operating rate of titanium sponge industry in China will reach 70%. According to the statistics of 33 titanium ingot production enterprises, the production capacity of titanium ingots in China increased by 11.8% in 2020 compared with that in 2019, reaching 199000 tons. The output of titanium industry has increased substantially. Titanium concentrate: According to the statistics of Panzhihua Vanadium and Titanium Industry Association, China produced a total of 6.33 million tons of titanium concentrate in 2020, with a year-on-year increase of 32.7%. Among them, the output of Panxi region was 5.11 million tons, with a year-on-year increase of 35.5%, accounting for 80.7% of the total domestic output; the imported titanium concentrate was 3.01 million tons, with a year-on-year increase of 15.3%. Titanium sponge: In 2020,titanium round bar, 12 enterprises in China produced a total of 122958 tons of titanium sponge, an increase of 44.9% over 2019, the sixth consecutive year of growth. Titanium ingots: Acnd coil accounts for more than half, and the output of bar also increases by 16.9%, accounting for 16.0% of the annual output of titanium; the output of pipe decreases by 6.5%, accounting for 9.8% of the annual output of titanium; the production of forgings increases by 7.3%, which accounts for 5.8%; The output of titanium wire increased the most, 3d titanium wire ,titanium plate gr7, reaching 55.0%, and the output of other titanium products also increased by 11.2%. In 2020, the total sales volume of titanium sponge in China was 122958 tons, the net export was negative 4175 tons, and the domic and continued to move forward. Outstanding performance in the domestic large-scale titanium smelting, processing enterprises and secondary backbone enterprises, through years of technological innovation and market development, in all major areas have achieved gratifying market share and performance growth,titanium tubing price, China's titanium industry in terms of capacity, output and net profit, have reached the best level in the past 10 years. Return to Sohu to see more Responsible Editor:. yunchtitanium.com