The price of alloy-grade cobalt metal remained steady day-on-day on Thursday February 18, while the price of standard-grade cobalt moved higher, drawing the two price assessments back into parity, amid thin trading and with Chinese buyers still absent from the market.
Fastmarkets' price assessment for cobalt standard grade, in-whs Rotterdam, was $22.95-23.75 per lb on February 18, up from $22.90-23.35 per lb the day before.The alloy-grade price was flat, with market participants seeing no softening of...