It was disclosed on November 9 that Russian titanium giant VSMPO-AVISMA transferred control of its UK subsidiary VSMPO Tirus Limited to Hong Kong-based Quri Investment Limited on October 1, as confirmed by a UK Companies House filing dated October 6. VSMPO is a major global supplier of aerospace titanium materials, and the change of ownership of its overseas sales network reflects the ongoing restructuring of the global titanium supply chain. Buyer value: with the transfer of VSMPO's UK sales network, the landscape of European aerospace titanium procurement is shifting, and domestic titanium material and titanium powder suppliers can assess substitution opportunities in the European market.