12
Apr
16:39
COBALT: EVs continue to drive cobalt pricing
Strong demand from the technology and automotive sector has pushed cobalt out of its pricing slump, according to Bank of America Global Research.
Cobalt pricing fell by 72% during the 2018-2019 period. In the last several weeks, it has risen by 51%, Kallanish reports.
“While lack of supply growth has had some influence on the strengthening of fundamentals, the recovery has been driven by consumption,” Bank of America says. “Indeed, cobalt …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous