US silicon tags slip as firms lock down 2010 business
Dec 10, 2009 | 11:00 AM
| Tom Jennemann
The past two weeks have been busy for silicon metal producers, who have been intent on locking down 2010 business even if that means accepting a slightly lower price.
Spot U.S. silicon metal prices are in a range of $1.16 to $1.20 per pound, down from $1.23 to $1.25 last month.
"Pricing weakened a little as people looked to fill up for next year," a U.S.-based source at a silicon and ferrosilicon producer told AMM. "We think this is a temporary thing and prices will move up from this point. Everyone has gotten the business they wanted and everything is booked."....
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