Silicon Metal Producers in Inner Mongolia Raise Prices after Power Subsidy Removed

Published: Apr 24, 2017 14:46

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Power subsidy policy in Bayannur, Inner Mongolia has been cancelled by local government, and power costs at local silicon metal producers are estimated to grow by 0.02 yuan/kwh.

SHANGHAI, Apr. 24 (SMM) – Power subsidy policy in Bayannur, Inner Mongolia has been cancelled by local government, and power costs at local silicon metal producers are estimated to grow by 0.02 yuan/kwh.

Silicon Metal Plants Suspend Production in Yunnan, SMM Reports

Moreover, rising prices of silicon coal also add to cost pressures at silicon metal producers in the region.

Price Linkage Mechanism between Silicon Metal and Power Cancelled in Yunnan's Dehong

Hence, local #553 (oxygen-free) silicon metal producers acted together to raise offers by 100 yuan per tonne, with some deals heard at high-end prices, SMM learns.

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