Silicon metal Price kept low before Chinese New Year holidays. Export price dropped again.

Silicon metal factories and consumers kept different expectations before Chinese New Year holidays.

An Australian green investment bank will partner with a Chinese associate in the aim of encouraging more companies to invest in solar energy and, in particular, the use of photovoltaic panels, local media said on Wednesday.

Shareholders have approved the sale of Europe's largest supplier of solar panels, Norway-based REC Solar, to a subsidiary of solar maker China National Bluestar, Norway's Elkem Group, for NOK4340 million ($694 million).

The silicon metal market price in China hit the bottom after dropping by CNY50 per ton after the turn of the year, rebounded by the same amount and now stabilized while remaining flat.

Silicon metal market functioned well in mid-January in China.

On 15 January, at an extraordinary general meeting, the shareholders of REC Solar approved the sale of the company to Bluestar Elkem Investment (Hong Kong).

Si metal price kept steady in mid-January in China.