26
May
11:51
EU seen needing increased energy spend despite reluctance
Europe’s spend on oil, gas and coal increased from 4% to 10% of GDP last year and this expenditure will remain elevated for the foreseeable future, guest speaker Ole Rolser from McKinsey & Co. said at last week’s Bureau of International Recycling (BIR) Ferrous Division meeting in Amsterdam.
Attributing “record-high” global gas prices last year directly to the conflict in Ukraine, Rolser noted that for energy-intensive industries, many o…
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Anonymous
Very good overview of the weekly steel market.
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