On the weekly Renewables MMI®, silicon rose 1.5 percent to finish as the week’s biggest price mover.
The price of Chinese cobalt cathodes did not change since the previous week. The week finished with no movement for the neodymium price.
Prices for Japanese, Korean and Chinese steel plate remained constant, while US steel plate prices ticked up 1.2 percent over the past week.
The price of US grain-oriented electrical steel (GOES) fell by $65 per metric ton from December to January on MetalMiner’s daily pricing service.
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.