January 2012 | Ferro-alloys
US market quiet: Silicon Metal Highlights
Silicon metal prices sliding globally as demand from the chemicals, solar, and electronic sectors struggles.
Silicon metal prices in the USA have slid about 15% since last summer to a range of $1.42-1.47/lb delivered due to weakening demand and an increase in cheaper imports.
Despite Toronto-based Timminco and its wholly-owned subsidiary Bécancour Silicon filing for bankruptcy protection in January, the amount of material being sold into the US spot market is relatively small, according to MBR sources. Dow Corning is a major customer of Timminco, as well as...
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