On the weekly Renewables MMI®, silicon finished as the week’s biggest mover with a 2.2 percent decline.
The price of Chinese cobalt cathodes declined 1.2 percent over the past week. Chinese steel plate prices were off slightly, down just a few dollars per metric ton from a week ago. The price of neodymium did not change since the previous week.
Japanese steel plate remained unchanged for the week. Prices for Korean steel plate remained constant. Chinese steel plate saw a 0.7 percent decline over the past week. The price of US steel plate fell 0.4 percent after rising 2.6 percent the week before.
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.