This statistic shows the consumption of cobalt in the United States from 2012 to 2015, by end use. In 2016, 3,930 metric tons of cobalt was used in superalloys. Recently, worldwide production of cobalt has exceeded consumption, which has decreased the prices of the mineral.
Consumption of cobalt in the United States from 2012 to 2015, by end use (in metric tons)
This statistic shows the consumption of cobalt in the United States from 2012 to 2015, by end use. In 2016, 3,930 metric tons of cobalt was used in superalloys. Recently, worldwide production of cobalt has exceeded consumption, which has decreased the prices of the mineral.
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| 2012 | 2013 | 2014 | 2015 | |
|---|---|---|---|---|
| Superalloys | 4,040 | 3,770 | 3,930 | 3,930 |
| Chemical and ceramic uses | 2,290 | 2,210 | 2,330 | 2,710 |
| Steels and other alloys* | - | - | 1,510 | 1,390 |
| Cemented carbides** | 774 | 705 | 783 | 726 |
| Total | 8,660 | 8,090 | 8,560 | 8,780 |
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