Fastmarkets assessed the standard-grade cobalt price
at $15.90-16.95 per lb, in-warehouse, on Wednesday April 24, up 1.5% from the previous week’s assessment.
continued to trade at a premium but saw slightly less pronounced gains. Fastmarkets’ assessment rose to $17-17.80 per lb yesterday, up 0.9% from the previous range.
Cobalt prices have recovered since the end of March, when they sat at 26-month lows, because traders and consumers have started to replenish stocks, but alloy-grade prices have led the way higher due to limited...