The biggest mover on the weekly Renewables MMI® was Chinese cobalt cathodes prices, which saw a 0.7 percent decline.
Following a steady week, prices for silicon closed flat. Neodymium traded sideways last week as well.
Chinese steel plate finished the week with a 0.5 percent increase. Japanese steel plate remained unchanged for the week, and Korean steel plate prices held steady. US steel plate prices were off slightly, down only $2.00 per short ton from a week ago.
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.