Market participants in the United States who normally buy silicon have given up trying to sell their surplus metal and the price has settled into an academic range in a near total absence of spot trade while most automakers remain closed during the Covid-19 pandemic, sources told Fastmarkets.
Some say producers are not lowering their offers because they do not believe that business will materialize given the collapse of end demand from the key auto sector.US silicon prices had risen then, with Fastmarkets' price assessment for grade 5-5-3 silicon, ddp US...