What are the reasons for the decline in ferrotitanium prices?
The reasons for the decline in ferrotitanium prices may include the following aspects:

1. Weak global economy: Economic downturn will lead to a decline in demand in related industries, thereby affecting the demand and price of ferrotitanium.

2. Falling raw material prices: The price of ferrotitanium may be affected by the price of raw materials. For example, the decline in titanium ore prices will also indirectly affect the price of ferrotitanium.

3. Excess capacity and intensified competition: Excess capacity will lead to fierce market competition, and manufacturers will lower prices to gain market share.

4. Trade frictions and tariff issues: Trade frictions and tariff issues may lead to export restrictions and reduced market demand, which will affect the price of ferrotitanium.

5. Technological progress and the emergence of substitutes: The emergence of new technologies and substitutes may make ferrotitanium lose its competitiveness, resulting in a drop in prices.

6. Commodity price fluctuations: Ferrotitanium is a commodity, and its price will fluctuate due to the fluctuations in global commodity prices.