Sparse spot sales of silicon expected in 2007

Dec 20, 2006 | 09:37 AM | Meghann McDonell

With most silicon consumers locking up purchases for next year via annual contracts, the virtual standstill in spot market sales of silicon metal is expected to continue well into 2007.

Spot prices for silicon metal are still in a range of 90 to 94 cents per pound, traders said. "Everyone is finished," one trader said. "They bought what they had to buy, so prices are staying in that range."....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events


Quote

This whole thing is becoming a game of smoke.

Midwest service center