The price of alloy-grade cobalt has risen above that for its standard-grade counterpart for the first time in six weeks, Fastmarkets heard on Thursday April 1, with cheap standard-grade parcels available from sellers looking to take profit.
This situation bucked a recent trend where standard-grade metal had been trading mostly at a premium due to strong demand for briquettes downstream.That deal was made at a $1 per lb discount to the low...