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February 14, 2014

Cobalt prices strengthen on healthy aerospace, battery demand

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MetalBulletin.com - February 14, 2014

Cobalt prices strengthen on healthy aerospace, battery demand

Cobalt prices continued to climb this week on strengthening demand for alloys and batteries.

Low-grade cobalt prices reached $13.75-14.75 per lb on Friday February 14, up from $13.55-14.55 per lb on Wednesday February 12. High-grade cobalt prices hit $14-15 per lb, up from $13.95-14.90 per lb. The official London Metal Exchange cash cobalt price also climbed in the second half of the week, to reach…

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