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Titanium Orders to Increase

VSMPO-Avisma, the world’s largest producer of titanium, said Monday that sales may climb between 20 percent and 25 percent next year on orders from Siemens and U.S. specialty-metals producer Allegheny Technologies.

VSMPO’s joint venture with Allegheny will double orders in 2011, while Siemens may sign a three-year contract to buy welded pipes, the company said.

(Bloomberg)


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