Export market of silicon metal price kept weak in late December in China. Christmas holiday was coming and silicon metal foreign orders were few, said traders.
The Department of Commerce slapped high tariffs on solar products from China and Taiwan yesterday in a decision intended to address dumping and unfair subsidization of imports to the United States.
Chinese solar panel makers will have to pay big tariffs to import some of their products into the United States, the US Department of Commerce confirmed this week.
UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; Moscow Exchange: RUALR), a leading global aluminium producer, announces plans to invest over USD10 million in the modernization of silicon production in 2015.
The Obama administration is considering an expansion of duties on Chinese solar products that has triggered complaints from a South Korean parts supplier that says it would be hurt.