An alloy of titanium.Used as a deoxidizer, denitrifier, and desulfurizer in steel smelting.It is also used in high-tensile steel, heat-resistant steel, and stainless steel as a steel additive because it acts like aluminum and increases the strength and corrosion resistance of steel.The raw materials for titanium are rutile ore (the main component is titanium dioxide) and ilmenite ore.Synthetic rutile (also known as UGI), processed from ilmenite enriched with TiO2 (titanium dioxide), and iron oxide separated from ilmenite and processed into the form of titanium slag are also imported as raw materials.Overall world ore production is around 6.7 million tons, with Australia, South Africa, Canada, and China being the top producers.Japan imports all of its titanium raw materials, 7% of which is titanium metal and more than 90% is titanium dioxide, which is used in many fields.Titanium metal is processed into ingots, titanium castings, titanium powder, ferrotitanium, etc. through sponge titanium, an intermediate raw material.It is revised once a week after hearing from handling companies, trading companies, traders, and users.