Norway-based ferro-silicon alloy producer Elkem and UK-based Ferroglobe have reduced their silicon production by 30,000 tonnes per year and 27,000 tpy, respectively, with both quietly introducing the cuts around the year-end holiday period.
Elkem began cutting its silicon output effective from Monday January 7 by temporarily reducing production by one furnace at Elkem Salten. The company joins other major producers that have adjusted output in the face of falling prices."We will... realign capacity as soon as market conditions improve," Elkem wrote in the adjustment announcement, which did not specify the tonnage to be affected."We have made a temporary adjustment of reducing approximately 2,500...