“There’s still a lot being offered – it’s just relentless. It’s a massive buyers’ market,” a trader source said.
Fastmarkets’ benchmark standard-grade cobalt price assessment stood at $17.70-19.75 per lb, in-warehouse Rotterdam, on Friday February 8, down from $17.85-19.95 per lb on February 6 and $18.75-20.35 per lb on February 1.
Fastmarkets’ price assessment for alloy-grade material fell to...