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Germany Crude Oil Imports Soared in 2022, Russia Remains Top Supplier Despite Sanctions_SMM

Germany's crude oil imports rose 8.5% in 2022 as Europe's largest economy recovers from the Covid-19 pandemic, official data showed on Monday. The spending on crude purchases rose sharply as prices soared. Statistics released by the Federal Office for Economic Affairs and Export Control (BAFA) show that despite the sanctions resulting from the Russia-Ukraine war, Russia remains Germany's largest supplier, but its share fell from 34.1% in 2021 to 25.4%.
United Kingdom United States European Union Office For Economic Affairs Group Of Seven Federal Office
Source: metal.com

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Import Price of Cobalt Hydrometallurgical Intermediate Products Plunged in First Two Months of 2023_SMM

The average import price of cobalt hydrometallurgical intermediate products was $29,729/mt in metal content in January 2023, down 13% month-on-month and 52% year-on-year. The average import cobalt hydrometallurgical intermediate products was $25,011/mt in metal content in February 2023, down 16% month-on-month and 61% year-on-year.
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Source: metal.com

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