SMM industrial silicon metal price list

Regarding the forecast of when the company's capacity rationalization will bottom out, Tongwei stated that although the supply-demand imbalance across the industry chain has not yet significantly eased, driven by the recent "anti-involution" policies and marginal improvement in demand in China and overseas, prices in major segments of the industry chain have already rebounded in August. With the official implementation of national standards on energy consumption and energy efficiency starting January next year, outdated capacity in the industry is expected to be gradually rationalized, and the market environment is likely to improve further. The pace of subsequent capacity rationalization will require further observation of supply-demand dynamics.

[SMM Silver Weekly Review: US Fed Rate Hike Lands, Silver Prices Fall 5% This Week; Market Awaits Sentiment Recovery After Bearish Factors Exhausted] Silver prices plunged this week, dropping about 5%, as the higher-than-expected US CPI and the FOMC's 25-basis-point rate hike dominated the decline, with the US dollar breaking above the 100 mark. Spot trades turned subdued, with transactions concentrated at slight premiums to parity. ETF open interest edged down. After the short-term bearish factors are exhausted, a window for sentiment recovery may emerge, but high interest rates and a strong US dollar will continue to exert pressure.

On September 15, Milwaukee, Wisconsin, US, announced that its 4.6MW PV expansion project at a closed landfill near Mitchell International Airport has officially entered operation. Upon completion of the expansion, the site's total PV capacity increased from approximately 2.2MW to approximately 6.85MW, making it the largest solar project in Milwaukee to date.