Now, no serious shipyard will ever think of building a hull in any Ti- alloy.
Too much pain for not that a good result.
You can get a very close result with high alloy steels.
Even Russians did come back from it.
When you have to heat the whole room and have it under inert gases like CO2 or Argon or Helium (not Nitrogen, Titanium burns in Nitrogen...).
Plus the cost of the Ti makes it no reliable.
This being said, it is getting worse, as China is absorbing more and more of the production of Ti, and the costs are raising hights every now and then.
And then there is the myth... see: Tom Gervasi.
I am aware of the existance of technical difficulties with using titanium (or more appropriatly titanium alloys) for a submarine pressure hull.
Taking the discussion back to the S1000 Italian Russian co-operation project I believe that those difficulties have been overcome in Russia and that they possess the know-how for building them. Also the high alloy steels have building issues of their own, they are magnetic and Italy and Russia may not have the know-how. Also I doubt the high yield steel alloys currently employed are that close to titanium alloys in terms of specific strength.
And amagnetic steel doesn't have the required characteristics of strength-density.
If with HY80 steel the pressure hull mass fraction is 40% (this and all other values are my rough estimates) I believe that that could be replaced by a titanium hull weighing around 25% of submerged displacement for the same operational depth. The mass saving would be 0.15x1000=150 tons. That mass of course has to be added to recover the required average density.
Consider the hydrogen and oxygen storage tanks (remember we are still talking of the S1000) These, to my knowledge are high density items. The tanks themselves are heavy even when empty. What is the mass of these in the S1000? Let's assume they are 150 tons. If we allocate the freed mass requirement to these items, we could double the submerged persistance of the sub.
The S1000 sub is described as implementing internal modularity. In reason of this assume that the placement and other issues are addressed and possibly the very same concept I am illustrating here hasn't been missed.
If the steel S1000 has submerged persistance of 10 days at 4 knots, a titanium hull S1000 will have 20 days at the same speed plus no (or smaller) magnetic signature. How much would one pay for this and how much would it cost? I don't know. But it certainly is extremely interesting.
Plus it would allow the S1000 to be in direct competition with the bigger SSKs that dominate the market: the Scorpene (>Marlin) and the U-212 / 214 that have in their inevitably longer range (both on diesel and underwater) an apparently irremediable advantage.