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energy crisis - Latest news GMK Center

Photo – Steel distributors in the EU are calling on producers to cut capacity
Steel distributors in the EU are calling on producers to cut capacity

Steel production must be cut until the market returns to a balance between supply and demand

Photo – The EU to set a price ceiling for electricity at €180 MWh
The EU to set a price ceiling for electricity at €180 MWh

The cap will apply directly to the price of electricity produced by non-gas plants

Photo – The Spanish government promised to support the steel industry in the event of energy crisis
The Spanish government promised to support the steel industry in the event of energy crisis

In recent months, the country's government has allocated more than €850 million to support local gas and electricity-intensive industries

Photo – Türkiye to refuse investments in new steel projects
Türkiye to refuse investments in new steel projects

Due to the increase in electricity tariffs, Turkish steelmakers are trying to maintain their existing production capacity

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