May 2012 | Ferro-alloys
US market steady, but vulnerable: Silicon Metal Highlights
European prices decline on quiet demand, while supply is poised to rise.
Prices have also been under pressure in recent months as a slowdown in the European silicon metal market has forced some suppliers to attempt to divert shipments to other markets. Against that background, the 5-5-3 spot silicon metal price in the USA has widened to a range of $1.26-1.32/lb delivered from a previous level of $1.27-1.32/lb. We believe prices may find a floor at current levels as many producers...
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