Metallic titanium is already cheaper than copper, and the price ratio between copper and titanium will only increase.
However, as you say, the processing costs from the raw metal to a finite product are much higher for titanium than for most cheap metals, mostly because of its low thermal conductivity (which makes titanium locally hot during processing) and its high reactivity with the atmosphere when hot, which is why the products made of titanium are expensive.
It is unlikely that titanium will ever replace stainless steel in most of its applications, but wherever the lower density of titanium or its better resistance against certain chemicals give great enough advantages, I hope to see more titanium objects.
I certainly like the titanium frame of my reading glasses, which is extremely thin and lightweight, almost invisible, while being much stronger and longer lived than a plastic frame would be.
That’s a matter of degree. Iron gets reactive and form some oxide at high temperature. This can be worked around by controlling the atmosphere or adding reducing elements or oxygen traps. Other metals like magnesium just burn, which is much harder to work around. You need to go much higher in temperature than the usual manufacturing conditions to make iron burn in a normal atmosphere.
For metals with high electronegativity, like iron and copper, high temperatures do not necessarily create problems due to greater reactivity than at low temperatures. On the contrary, the oxides of such metals may decompose at high enough temperatures. Moreover, when such metals are mixed with more reactive metals, at high temperatures those will combine preferentially with non-metals like oxygen and sulfur, removing them from the metal of interest.
For metals with high affinity to oxygen, like titanium, aluminum or magnesium, no temperatures attainable during normal processing are high enough to decompose their oxides, but the high temperatures increase by several orders of magnitude the speed of reaction with the air, in comparison with room temperature, where the speed of oxidation of titanium and aluminum becomes negligible immediately after the formation of a protective oxide layer.
Moreover, for such metals it may be more difficult to find even more reactive metals than them, which will extract oxygen from their oxides while not having other undesirable properties, like yttrium was found for titanium in the parent article. Yttrium is a metal with a reactivity not so great as calcium, but greater than magnesium, so also greater than titanium and aluminum. Neither calcium nor magnesium are suitable for removing oxygen from titanium, for various reasons, e.g. low boiling or melting temperatures, so yttrium is likely to create much less problems.
However, as you say, the processing costs from the raw metal to a finite product are much higher for titanium than for most cheap metals, mostly because of its low thermal conductivity (which makes titanium locally hot during processing) and its high reactivity with the atmosphere when hot, which is why the products made of titanium are expensive.
It is unlikely that titanium will ever replace stainless steel in most of its applications, but wherever the lower density of titanium or its better resistance against certain chemicals give great enough advantages, I hope to see more titanium objects.
I certainly like the titanium frame of my reading glasses, which is extremely thin and lightweight, almost invisible, while being much stronger and longer lived than a plastic frame would be.