[Price Reporting] Co Alloys : FSX 414, FSX 430

[Price Reporting] Co Alloys : FSX 414, FSX 430
[Price Reporting] Co Alloys : FSX 414, FSX 430
1. Reporting Duration: March 17, 2025 – March 21, 2025
2. Introduction to Metals: Alloy Price Analysis including Cobalt Alloys
3. Summary: Between March 17 and March 21, 2025, FSX alloy prices decreased due to a drop in cobalt prices. FSX 414 fell by $1.29, and FSX 430 dropped by $1.31 per kg. The main cause of this decrease is the decline in cobalt prices, which fell by $2.58 due to reduced demand from Chinese consumers, traders taking profits, and supply uncertainties in the Democratic Republic of Congo (DRC). As FSX alloys contain over 50% cobalt, they are significantly impacted by cobalt price fluctuations. Moving forward, FSX alloy prices are expected to remain volatile, with further declines likely unless Chinese demand recovers or supply issues in the DRC are resolved.

 

 

 

 

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00. [Price Reporting] Co Alloys – FSX 414, FSX 430

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