Silicon metal highlights

摘要

We understand it is becoming increasingly difficult to easily source silicon metal in the major markets given power shortages and rising power costs in Brazil, South Africa and China, as well as the harsh winter weather conditions that have disrupted transportation routes in the USA, We expect restricted supply conditions to be maintained into April, but hydroelectric power supplies are likely to rise during the second quarter, particularly in China, which will boost silicon metal availability in the coming months. We expect to see upward pricing pressure on silicon metal maintained in the near term, with prices trending stable to higher.