Cobalt prices held on to their recent gains on Monday February 3, finding support because of the limited supplies of readily available material.
Fastmarkets' inaugural daily price assessments on February 3 for cobalt standard grade, in-whs Rotterdam, and cobalt alloy grade, in-whs Rotterdam, were unchanged at $16.50-16.90 per lb and $17.40-17.80 per lb respectively. The previous assessments were on January 31.Prices have been rising steadily over the past few weeks, with buyers understood to be sitting on limited stocks,...