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07 Sep
08:37

German mills demand price cap for power, gas

The relief package announced by the German government to alleviate the burden of rising energy costs for consumers and industries stops short of being effective, many commentators criticise. “The significant surges in natural gas and electricity prices have led to an increase in energy costs in the steel industry of more than €10 billion [$992 million] per year compared to the spring of last year. This is a dramatic burden and threatens international co…
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