Reverse? European Airbus urges use of Russian titanium

Airbus CEO Guillaume Faury said: Even if the conflict between Russia and Ukraine is serious, EU sanctions against Russia should not be extended to titanium products that are vital to the aerospace industry. It also said: Airbus is currently expediting the search for non-Russian long-term supply sources, and short- and medium-term needs can still be met. It is reported that in March of this year, Airbus said it was "procuring titanium directly from Russia and other countries" and indirectly through suppliers to purchase Russian titanium. A few days ago, the company reiterated this in response to questions, but declined to say when it last received Russian titanium. Finally, Faury also reiterated Airbus' 2022 profit forecast, noting that the Russian-Ukrainian conflict "makes our situation even more difficult" due to economic risks.

It is worth mentioning that Airbus may not be able to find enough titanium supply in a short time. You must know that only the United States, Russia, China and Japan have mastered advanced titanium production technology in the world. Except for Russia, the other three countries have their own customer orders. It may be difficult for Airbus to find titanium again.