Drawn-out cobalt contract talks, agreements taking new structure
Published: Monday, 30 November 2020
The majority of cobalt contract negotiations have yet to be finalized because the Covid-19 pandemic has rattled end-user markets and created a lack of visibility for demand in 2021, Fastmarkets has heard.
After the pandemic ravaged global economies and markets, it
is no surprise that contract negotiations look different this
year - delayed, drawn out or yet to begin.
The lockdowns enforced by national governments globally to
combat the disease have meant that consumption of metal has
gone down this year, leaving...