The week’s biggest mover on the weekly Renewables MMI® was US steel plate, which saw a 2.6 percent increase. The week finished with no movement for Korean steel plate. Prices for Japanese steel plate remained constant.
Chinese renewables prices were mixed for the week. The price of Chinese cobalt cathodes declined 1.2 percent. Silicon remained unchanged for the week. Neodymium remained essentially flat from the previous week as well. Chinese steel plate prices held steady from the previous week.
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.