US secondary aluminium alloy prices soar to new highs on silicon gains

Secondary aluminium alloy prices in the United States have soared due to sharp gains in silicon prices, and tight availability of the metal crucial to alloy production.

"It’s already having a huge impact on us," one US alloy producer said. Tightness in silicon markets has already led to alloy price spikes in Europe. 

The price rise is pushing up costs, but could also potentially significantly increase demand. This is while Mexican alloy producers have reportedly had difficulty procuring silicon, meaning they could start buying finished product from the US to cover the shortfall, the producer said....

Published

Thorsten Schier

October 01, 2021

18:01 GMT

New York