Inconel attracts top bids in military e-auction
Dec 13, 2006 | 02:08 PM
| Paul Schaffer
An Alabama buyer offered $700,000, or $9.53 a pound, for Inconel 625 alloy scrap in an electronic auction of U.S. Defense Department material that finished Tuesday evening.
The Inconel is in matrix roll form, with less than 1 percent of ferrous, nonferrous and non-metallic contaminants, according to the auction list. The alloy combines nickel, chromium and molybdenum.....
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