09
Sep
12:04
Acciaierie di Sicilia idles plant on energy costs
Acciaierie di Sicilia, part of rebar maker Alfa Acciai, will stop production for two weeks at its Catania steelworks starting next week, union sources say.
The company is experiencing a steep fall in orders which, coupled with the unsustainable costs of energy, is making production unprofitable. In a note sent to Kallanish the steelmaker talks about “prohibitive energy costs”. It already reduced output in June and July, and mothballed the plant for the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous