Why is titanium more expensive than steel?

Answer 1

i am doing homework and this is what i put:

steel is extacted using a blast furnace which is quick and relatively cheap. however to extract titanium, magnesium is needed because it is more reactive. magnesium is extracted by electrolysis, which is expensive therefore it is not cheap to buy. you have to buy the magnesium to extract the titanium, which is why titanium is expensive

hope this helped and you can copy it word for word i dont care :)

Answer 2

Titanium is more precious than iron meaning there is less of it. Titanium is stronger, more durable material so it will last longer. iron is a common ore. Due to there being much more of it and relatively easy to mine. This means it costs less to produce and it is readily available.

Answer 3

Titanium is more expensive than steel because it is rarer and more difficult to extract and process. It also has superior properties such as high strength-to-weight ratio and corrosion resistance, making it a preferred material for applications where these characteristics are critical, such as aerospace and medical implants.

Answer 4

Titanium is a rarer element with less supply thus higher prices. Specially, the cost of machining titanium is much higher since its so hard.

Answer 5

Because it is stronger and a better product

Answer 6

Titanium is more rare than iron; also is more difficult to prepare titanium from ores.