[Price Reporting] Co Alloys : HS 6, HS 6B, HS 21, HS 25, HS 31, HS 188

1. Reporting Duration: March 10, 2025 – March 14, 2025
2. Introduction to Metals: Alloy Price Analysis including Cobalt Alloys
3. Summary: Between March 10 and 14, 2025, HS alloy prices rose significantly due to a sharp increase in cobalt prices. Alloys like HS 6, HS 6B, HS 21, and HS 31, which contain higher cobalt content, saw notable price increases. The surge in cobalt prices was driven by the disruption of cobalt exports from the Democratic Republic of Congo (DRC), which supplies over 75% of the world’s cobalt. This supply shortage caused cobalt prices to spike, directly impacting the prices of HS alloys. If cobalt prices continue to rise due to ongoing export issues, HS alloy prices are likely to keep increasing, particularly for alloys with higher cobalt content.

 

 

 

 

[Report Download]

00. [Price Reporting] Co Alloys – HS 6, HS 6B, HS21, HS 25, HS 31, HS 188