25
Oct
11:13
Power cost surge jeopardises ‘Made in Germany’
The extreme increase in energy prices seen in recent months means that many medium-sized steel and metal processing firms will no longer be able to cover their costs, warns their federation, WSM.
The exchange electricity price for procurement in 2022 has risen since October 2020 from around €40/MWh ($46.50) to over €128/MWh (base load), if taking the prices of the EEX stock exchange at day-end. Prices of €400 reported earlier were possibly only peak…
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Anonymous
Very good overview of the weekly steel market.
Anonymous