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07 Oct
12:58

Steel price talks stand back for energy talks

Germany’s steel processors and fabricators are the segment of the value chain that is being worst squeezed by the massive surge in energy prices in Western Europe, a recent industry event heard. Depending on their activity, they rely on extra consumption of gas and electricity, in addition to the premium energy costs that are already incurred upstream by the steel mills. If mills hand down their extra costs, their customers are bitten twice by the energy pri…
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