Metal Bulletin’s high-grade cobalt
price rose 6% to $19.45-20 per lb, while
the low-grade quotation moved up to $18.85-19.95 per lb,
from $18-19 per lb last week. Spot availability remains
very limited, according to a number of sources, with most
producers sold out, and traders holding back material as
replacement costs spiral higher. "It’s...