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)