Via AG Metal Miner November’s Renewables MMI (Monthly MetalMiner Index) traded sideways for the first time since June. The index rose by 1.56% month-over-month. This primarily resulted from GOES (grain-oriented electrical steel) rising in price. Meanwhile, other renewable energy resources, like neodymium and Japanese steel plate, traded sideways.
Silicon remains in particularly high demand, but supplies remain pinched along with many other metals. Indeed, this prevented the index from rising in price month-over-month. Lower production in…Europe Ramps Up Renewable Capacity Amid War In Ukraine
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