TABLE 2 | ||||
U.S. REPORTED CONSUMPTION AND STOCKS OF COBALT1, 2 | ||||
(Metric tons, cobalt content) | ||||
2014 | 2015 | |||
Consumption by end use: | ||||
Steels and other alloys, excludes superalloys3 | 1,510 | 1,390 | ||
Superalloys | 3,930 | 3,960 | ||
Cemented carbides4 | 783 | 726 | ||
Chemical and ceramic uses | 2,330 | 2,710 | ||
Total | 8,560 | 8,780 | ||
Consumption by form: | ||||
Chemical compounds, organic and inorganic5 | 2,190 | 2,060 | ||
Metal | 4,170 | 3,980 | ||
Purchased scrap | 2,200 | 2,750 | ||
Total | 8,560 | 8,780 | ||
Stocks, December 31:6 | ||||
Chemical compounds, organic and inorganic5 | 512 | r | 475 | |
Metal | W | W | ||
Purchased scrap | W | W | ||
Total | 1,160 | r | 1,080 | |
rRevised. W Withheld to avoid disclosing company proprietary data; included | ||||
-in -Total.- | ||||
1Data are rounded to no more than three significant digits; may not add to | ||||
totals shown. | ||||
2Includes estimates. | ||||
3Includes magnetic alloys, nonferrous alloys, welding materials, wear-resistant | ||||
alloys, and other metallic uses not listed. | ||||
4Includes diamond tool matrices, cemented and sintered carbides, and cast | ||||
carbide dies or parts. | ||||
5Includes oxides. | ||||
6Stocks held by cobalt processors and consumers. | ||||
Source: United States Geological Survey Mineral Resources Program
See also: Mineral commodity prices