COBALT SNAPSHOT: Alloy grade premium emerges after Chinese buying

January 05, 2021 / www.metalbulletin.com / Article Link

Key data from Fastmarkets' Monday January 4 pricing session in London.


Key drivers

Rumors that the Chinese government was stockpiling further quantities of metal, primarily China-origin cut cathodes, triggered a flurry of activity. Europe and the United States were still returning from seasonal holidays and, with the stockpiling news yet to...

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