COBALT SNAPSHOT: Standard-, alloy-grade prices converge in softening market

April 18, 2020 / www.metalbulletin.com / Article Link

Key data from Fastmarkets' pricing session in London on Friday April 17.

Key drivers Sellers were less inclined to demand a premium for alloy-grade units given slow activity in the spot market recently and headwinds from aerospace-industry closures. Alloy-grade prices were within $0.10 per lb of the standard-grade assessment on the low end. Market sources reported...

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