Cobalt prices consolidated at higher levels in the second half of the week ended Friday January 17, with traders continuing to restock and consumers looking for inventory top-ups.
The price for cobalt, standard grade, in-whs Rotterdam, rose by 1.55% to $16.00-16.70 per lb on Friday, up from $15.70-16.50 per lb midweek, when it was unchanged from the end of last week.Fastmarkets' corresponding price assessment for cobalt, alloy grade, in-whs Rotterdam, rose similarly to $16.50-17.00 per lb, up by 1.36% from the midweek assessment of $16.25-16.80 per...