On the weekly Renewables MMI®, neodymium rose 5.5 percent to finish as the biggest mover.
The price of US steel plate rose 0.7 percent after falling 0.1 percent during the previous week. The prices of Japanese and Korean steel plate did not change since the previous week.
The price of US grain-oriented electrical steel (GOES) still hasn’t updated yet for November, but increased by 10.7 percent from September to October.
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.