Curtailed supply seen bolstering silicon tags
Dec 19, 2012 | 03:43 PM
| Suzy Waite
Tags
silicon,
ferrosilicon,
FerroAtlantica,
ferrosilicon prices,
silicon supply,
Suzy Waite
LONDON — U.S. silicon market participants expect an uptick in prices early next year as more supply is taken out of the domestic market.
Brazilian producers significantly curtailed output in November as they opted to sell power back to the spot market instead of making silicon due to a combination of factors, including weak U.S. prices and a dry winter (amm.com, Nov. 15).
In addition, FerroAtlántica Group SA recently announced it would cut silicon and ferrosilicon production in South Africa by 15,000 tonnes each due to difficult market conditions and a national energy-saving initiative (amm.com, Dec. 13). ....
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