This statistic shows the consumption of cobalt in the United States from 2012 to 2016, by end use. In 2016, 4,080 metric tons of cobalt was used in superalloys in the U.S. 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 2016, by end use (in metric tons)
This statistic shows the consumption of cobalt in the United States from 2012 to 2016, by end use. In 2016, 4,080 metric tons of cobalt was used in superalloys in the U.S. Recently, worldwide production of cobalt has exceeded consumption, which has decreased the prices of the mineral.
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| 2012 | 2014 | 2015 | 2016 | |
|---|---|---|---|---|
| Superalloys | 4,040 | 3,930 | 3,960 | 4,080 |
| Chemical and ceramic uses | 2,290 | 2,330 | 2,710 | 2,770 |
| Steels and other alloys* | - | 1,510 | 1,430 | 1,490 |
| Cemented carbides** | 774 | 783 | 726 | 672 |
| Total | 8,660 | 8,560 | 8,830 | 9,010 |
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