That's Cinelli's "Pinnochio" chromoly steel stem. The item should not be listed as titanium. Cinelli did make a titanium quill stem for 26.4 bars - the "Grammo". Ebay seller "ital-tecno" cleared out hundreds of them last year in different sizes. I think they sold off the whole inventory. You might call them and ask though, they're a good seller to deal with. The Pinnochio stem is pretty good in its own right, its just going to be quite a bit heavier.