Renewables MMI®: Chinese Steel Plate Price Down Third Straight Week

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The biggest mover on the weekly Renewables MMI® was the price of Chinese steel plate, which saw a 0.5 percent decline. This week marked the third in a row of declining prices for the metal.

The price of Chinese cobalt cathodes did not change since the previous week. Following a steady week, prices for silicon closed flat. Neodymium traded sideways last week.

today's metal prices - MetalMiner IndXUS steel plate fell 0.3 percent over the past week. The week finished with no movement for Japanese steel plate. Korean steel plate remained essentially flat 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.