24
Jan
12:11
German blast furnaces face production dilemma
The decision by many European steelmakers to idle blast furnaces in reaction to low demand late last year was made despite their simultaneous function as power generators.
German consumers, especially, moan about very high electricity costs, which started skyrocketing in autumn 2021, propelled by the Ukraine war and its consequences. In such times, the self-produced power from the off-gases of blast furnaces is more valuable than ever before. In fact, the idling …
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Anonymous
Very good overview of the weekly steel market.
Anonymous