Europe

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Electricity prices in Europe increased significantly in June

European steelmakers call for paying attention to electricity prices, Ukrainian steel sector proposes to reduce the share of electricity imports which is needed to ensure stable energy supply to 50%

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Prices on the European ferroalloy market remain in a wide range

Merafe will stop publishing quarterly reference prices for ferrochrome starting in June

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Electricity prices in Europe increased in May in most countries

In particular, electricity cost was affected by the increase in the price of gas and carbon emissions

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Liberty considers recapitalization or sale of assets in Western Europe

The company initiated a strategic review of enterprises in Benelux and Italy

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Electricity prices in Europe fell significantly in April thanks to renewable energy

In April, gas injection into European gas storage facilities slowed down

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European electricity markets will have high supply in Q2

The likely increase in demand in April-June is forecast to be insignificant

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Europe is under pressure as an industrial center – BusinessEurope

The reasons are high energy prices and growing regulatory requirements

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Trading activity in the European ferroalloy market remains slow

Buyers are putting pressure on ferrochrome prices, while enquiries for ferrosilicon were few and far between

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Electricity prices in Europe rose in January amid growing demand

Average gas prices and CO2 emissions continued to fall last month

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Trade unions criticize Liberty Steel for irresponsible asset management in Europe

They demand the European Commission to create a crisis working group on GFG Alliance/Liberty

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Electricity prices in Europe returned to 2021 levels last year

This trend was facilitated by the fall in the cost of gas, the decrease in demand and the growth of generation from renewable sources

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Rapid filling of quotas will support the growth of European HRC prices

About 1.18 million tons of HRC were expected to be imported into the EU on January 5 in the «other countries» category

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