Cobalt Cathodes in China Down Third Straight Week, Neodymium Steady

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The week’s biggest mover on the weekly Renewables MMI® was the price of Chinese cobalt cathodes, which saw a 1.0 percent decline. This week marked the third in a row of declining prices for the metal. The price of silicon did not change since the previous week. The week finished with no movement for neodymium.

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Prices for Japanese, Chinese, Korean and U.S. steel plate remained constant.

With a 0.3 percent decline last month, US grain-oriented electrical steel (GOES) coil prices remain lower.

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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.