GLOBAL SILICON SNAPSHOT: US price drops 1.8% on slow demand; Chinese export price downtrend continues

Key data from the pricing sessions in Asia, Europe and United States for the week ended Friday July 12.




United States
Key drivers 

Discounting reported, due to the annual dip in end demand coinciding with the need for suppliers to clear their books for mid-year accounting.  Automakers’ business continues to fall, lowering their demand for secondary aluminium alloys made with silicon.  Supply remains plentiful, between contracted material, silicon-rich scrap alternatives, and grade 5-5-3 still coming to the United States from numerous overseas suppliers. Key quotes “We’ll see if...

Published

Cristina Belda

Huaqing Fu

Orla O'Sullivan

July 15, 2019

16:53 GMT

London, New York, Shanghai