Question-and-Answer Session
Operator
(Operator Instructions) The first question comes from the line of Kuni Chen - Banc of America Securities.
Kuni Chen - Banc of America Securities
On the titanium volume, it looks like you are around 20 million pounds through the first half. Can you give us a view of what you are seeing sequentially and whether or not you feel you are still on track for a 40 million pound type of handle for the full year?
L. Patrick Hassey
I think we are on track somewhere between 38-40 million pounds. We have to fill in the rest of the year in some areas. We do have a lot of industrial titanium as well as the aerospace side of the business so it depends a little bit on what happens in the engine market in this kind of low period where they are adjusting inventories but we are fairly confident we will see 38 million. Maybe the 40 million.
Kuni Chen - Banc of America Securities
Does the mix change at all as you go after some of these other markets?
L. Patrick Hassey
The mix from what it has been in the first half?
Kuni Chen - Banc of America Securities
Yes.
L. Patrick Hassey
I don’t see much of a change from where we are today. If you look at where we are in pricing and where the scrap markets are and the opportunity for the total price of this product, we are bouncing along the bottom of this market right now. This is the worst time.
Kuni Chen - Banc of America Securities
Your comments on electrical steel suggest that your shipments at least have held up nicely. Another one of your peers had commented volumes are down 15-20% or more. Just want to get a little more detail on what you are seeing there and again how you see volumes shaping up in the second half.
L. Patrick Hassey
I think volume in the second half where we worked with some of our customers on what they are taking and where their inventory stands. We are going to see somewhat of a decline in shipments but not major in the second half of the year. I think we will still be shipping in the range of 95-100,000 tons of electrical steel this year.
Operator
The next question comes from Dave Martin – Deutsche Bank.
Dave Martin – Deutsche Bank
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