26
Jul
15:15
Fabricators question German gas-based power pricing system
Germany’s fabricators of steel and metal products are urgently calling for an amendment of the prevailing electricity pricing system, and for an upper cap on electricity prices, Kallanish notes.
Under the so-called “Order-Merit-Principle”, power prices are defined by the price of natural gas, which has undergone an enormous surge and will likely increase further in view of Russian gas supply cuts.
Most German electricity is generated by coal and…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous