2. Introduction to Metals: Alloy Price Analysis including Cobalt Alloys
3. Summary: Between March 24 and March 28, 2025, the prices of cobalt-based HS alloys experienced a rise, driven primarily by increased cobalt and nickel prices. Notably, HS 6, HS 21, and HS 25 alloys saw price increases. The suspension of cobalt exports from the Democratic Republic of Congo (DRC) contributed to cobalt price hikes, while nickel price fluctuations were influenced by changes in global demand and U.S. economic policies. As cobalt and nickel prices remain volatile, the prices of HS alloys will continue to be impacted. Future trends will depend on the resumption of DRC exports and the global economic landscape.
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00. [Price Reporting] Co Alloys – HS 6, HS 6B, HS 21, HS 25, HS 31, HS 188
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