Brazil outages could boost US silicon prices

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 for...

Published

This article was first published by AMM

July 25, 2014

05:02 GMT

New York