The Chinese steel plate price improved by 0.5 percent on the weekly Renewables MMI®.

Chinese cobalt cathodes remained unchanged for the week. Prices for silicon remained constant. Following a steady week, prices for neodymium closed flat as well.

Japanese, Korean and US steel plate prices traded sideways last week, finishing with no movement. The grain-oriented electrical steel (GOES) coil price fell 5.0 percent over the last month on the MetalMiner IndX℠.

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.