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06 Sep
11:03

High electricity costs hit activity at Megasa: sources

High electricity costs are impacting all steelmakers across Europe, both integrated and electric arc furnace-based. On the Iberian Peninsula, EAF-based Megasa is limiting steelmaking activity in Spain and Portugal to periods when conditions are more favourable. In Spain, the company is evaluating production schedules from day to day. According to local press reports, this has led the company to recently stop production completely on certain days when electric…
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