26
May
16:24
German fabricators demand power price cap, orders down
Germany’s steel and metals fabricators are demanding the Berlin government facilitate an upper power price limit of €0.04 ($0.043) per kilowatt hour, says their federation, Wirtschaftsverband Stahl- und Metallverarbeitung (WSM).
“The sky over the manufacturing industries is grey,” WSM writes in its latest statement. In the first quarter, orders at steel and metals fabricators were 16% lower than in the corresponding previous-year quarter, Ka…
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Anonymous
Very good overview of the weekly steel market.
Anonymous