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