Chinese cobalt cathodes’s 1.8 percent decline made it the biggest mover on the weekly Renewables MMI®.
Silicon traded sideways last week, prices for neodymium closed flat, and Chinese steel plate remained essentially flat from the previous week.
Japanese steel plate prices held steady from the previous week. Korean steel plate prices also did not change. The price of US steel plate rose 0.3 percent after falling 2.1 percent during the previous week.
The price of US grain-oriented electrical steel (GOES) fell 12 percent in late September.
The Renewables MMI® collects and weights 8 metal price points used extensively within the renewable energy industry to provide a unique view into renewable energy metal price trends. For more information on the Renewables MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.