The European energy crisis

The company welcomed the German commission's proposal to set a fixed price for gas for industry

In September 2022, energy inflation in the EU was 41%.

The company explains this step by the drop in demand for steel and the increase in the energy costs

Due to the increase in energy costs, local producers are forced to raise the prices of their products

Steelmakers and industrialists from other energy-intensive industries emphasize the impossibility of continuing production in Europe under current conditions

The size of the surcharge to the product price can amount to €200-300 per ton of rolled steel

A lot of prep work needed to avoid power outages