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Brazil outages could boost US silicon prices
July 25, 2014 - 05:02 GMT
Silicon production outages in Brazil could lead to supply shortfalls and spot price increases if the situation continues, North American silicon market participants said, although manganese alloy suppliers expect little impact on their market.
Spiking energy prices have led some Brazilian ferroalloy and
silicon metal producers to temporarily suspend operations,
according to trade association Associação
Brasileira dos Produtores de Ferroligas e de Silício
Metálico (Abrafe). US silicon metal prices have
increased significantly over the past month, with sources
noting that continued problems from power issues in Brazil had
reduced US imports. Metal Bulletin sister title
AMM’s silicon metal price assessment rose to $1.40
to $1.44 per lb July 11 from $1.38 to $1.40 previously,
although market sources reported transactions at higher levels
All material subject to strictly enforced copyright laws. ©
Euromoney Institutional Investor PLC.
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