Silicon metal production surged 18% MoM in March, supply is expected to pull back again in April [SMM Analysis]

Published: Apr 2, 2025 17:03

Save

Silicon metal production in March 2025 reached 342,200 mt, up 51,900 mt (17.9%) MoM, but down 6.6% YoY. Cumulative silicon metal production from January to March 2025 decreased by 120,600 mt (11.4%) YoY.

SMM April 2 News: According to SMM market exchanges, silicon metal production in March 2025 reached 342,200 mt, up 51,900 mt or 17.9% MoM, but down 6.6% YoY. Cumulative silicon metal production from January to March 2025 decreased by 120,600 mt or 11.4% YoY. The significant MoM increase in silicon metal production in March was driven by more production days compared to February, as well as the release of additional capacity in Xinjiang, which boosted production. New or resumed capacity in Inner Mongolia and Sichuan also contributed to the increase. Although there were some furnace shutdowns in Qinghai and Yunnan, overall production still showed a substantial increase. In April, some electric arc furnaces in large plants in Xinjiang are expected to reduce or halt production, leading to a MoM pullback in total silicon metal supply. Some silicon companies have indicated that their April production schedules are still undecided, and silicon metal supply is expected to decline significantly in April.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Feb 6, 2026 18:30

Before the holiday, the black chain is unlikely to see a trend-driven market [SMM Steel Industry Chain Weekly Report].

This week, ferrous metals were in the doldrums, with coking coal and coke staging a mid-week rise. At the beginning of the week, financial markets experienced sharp fluctuations, dragging down sentiment in the ferrous chain and leading to a pullback in futures. Mid-week, Indonesia's cut to coke production quotas drove coking coal and coke futures to lead the gains, though the impact was more pronounced on thermal coal, while coking coal's rise was largely sentiment-driven and short-lived. In the latter part of the week, finished products continued their seasonal inventory buildup, and support from the raw material side weakened, causing the entire ferrous chain to pull back. In the spot market, with the Chinese New Year holiday approaching, purchasing activity slowed down further, with end-users only making limited, as-needed purchases at low prices.

Feb 6, 2026 18:30

Feb 6, 2026 18:09

MMi Daily Iron Ore Report (February 6)

Today, the DCE iron ore futures continued to hit bottom today, with the most-traded contract I2605 closing at 760.5 yuan/mt, down 1.23% from the previous trading day. Spot prices fell by 5–10 yuan/mt compared to the previous trading day.

Feb 6, 2026 18:09

Feb 6, 2026 17:41

[SMM Chromium Daily Review] Inquiries and Transactions Weakened, Chromium Market Showed Mediocre Performance Before the Holiday

[SMM Chrome Daily Review: Trading and Inquiries Weakened, Chrome Market Showed Mediocre Performance Before the Holiday] February 6, 2026: Today, the ex-factory price of high-carbon ferrochrome in Inner Mongolia was 8,500-8,600 yuan/mt (50% metal content), flat MoM from the previous trading day...

Feb 6, 2026 17:41