15
Mar
12:49
Acciaierie d'Italia applies retroactive energy surcharge
Italian steelmaker Acciaierie d’Italia is implementing an energy surcharge that will be applied retroactively, Kallanish learns from a source within the company.
Electricity and gas costs are strongly impacting producers’ margins in Italy as the country is completely dependent on energy imports. Last week, most Italian mills idled their hot-end areas mostly due to the escalating cost of gas as a result of the war in Ukraine, Kallanish notes.
Acciaieri…
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Anonymous
Very good overview of the weekly steel market.
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