Backlogged silicon buyers are only now taking metal they should have received many months ago, if not last year, under their annual contracts, multiple sources told Fastmarkets in the week to Friday June 5.
The gradual resumption of automotive manufacturing since mid-May has helped to kick-start the sluggish market for grade 5-5-3 silicon, much of which goes into vehicles as secondary aluminium alloys."It will be four to six weeks before I start taking inventory since I have no open orders [from automakers]," the...