Nickel-cobalt alloy price off but radiators up in auction

Dec 09, 2009 | 12:05 PM | Paul Schaffer

Nickel-cobalt alloy scrap drew a slightly lower winning bid in a military auction Tuesday while discarded copper radiators regained mid-2008 pricing.

A $113,000 winning bid valued the alloy—also containing chromium, tantalum and molybdenum—at $3.55 per pound, down 2.7 percent from $3.65 in July but well above the $2.11-per-pound level in March.....

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