Silicon pricing stable despite softer demand

Dec 04, 2008 | 10:41 AM | Tom Jennemann

Silicon metal demand is soft, especially in the secondary aluminum market, but prices in the United States remain relatively stable due to constricted supply, market observers said.

"It's not too bad right now," a source at a silicon producing company said. "Things are a bit slower but prices are still decent. It's not so awful compared to everything else out there."

The source said that silicon is a protected market with only limited supply, which has buoyed prices. "In the (Western World) nothing is coming on-line, and there are actually some that are going off-line," he said. "Globe (Metallurgical Inc.) is taking off-line one furnace and FerroAtlantica (SL) is announcing cutbacks in Europe. There certainly are some restrictions on supply."....

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