Silicon metal prices rose in the United States for the second week in a row, reaching a year-to-date high, primarily driven by revived spot trade and an improving automotive industry.
Rising prices for secondary aluminium alloys, themain end market for the 5-5-3 grade silicon metal that Fastmarkets prices in the United States, again drew the raw material up in their wake.Fastmarkets assessed the price for silicon, ddp US at $0.95-0.98 per lb on Thursday September 3, up by 1 cent from $0.94-0.97 per lb on August 27. That increase puts the price above the previous year-to-date high - $0.95-0.97 per lb,...