04
Jun
15:06
High energy costs impact AST performance: unions
Persisting high energy costs and lower energy competitiveness versus other countries are responsible for the subdued performance of Italian stainless coil producer Acciai Speciali Terni, now part of Arvedi, union sources say.
“The average cost of energy in Italy is €95 per megawatt-hour. Germany pays €32/Mwh, France €24/Mwh and Spain €53/Mwh. This is seriously impacting the competitiveness of Arvedi Ast as well as Italian energy-intensive…
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