A 1.2 percent decline in the US steel plate price made it the biggest mover of the week on the weekly Renewables MMI®.
Chinese prices were mixed for the week. Silicon prices ticked up 1.2 percent over the past week. Chinese cobalt cathodes remained essentially flat. The price of neodymium did not change since the previous week. Chinese steel plate prices held steady from the previous week as well.
The price of US grain-oriented electrical steel (GOES) fell 7.1 percent this month.
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.