Cobalt metal market consolidates around recent lows after slow spot trade in Q2

Cobalt continued to trade around 10-month lows in the first half of the week, with sellers happy to take lower prices to keep material flowing through their books.

Fastmarkets’ price assessments for cobalt standard grade, in-whs Rotterdam, and cobalt alloy grade, in-whs Rotterdam, both held at $14.15-14.65 per lb on Wednesday June 24, stable from the previous day, but both down from $14.15-14.75 per lb at the end of last week.

Prices were at $14.80-15 per lb for cobalt standard grade...

Published

Charlotte Radford

June 24, 2020

19:49 GMT

London