Take Your Trading To The Next Level. Get Started Here!

EC electricity reforms not enough to save aluminum industry from further cuts: associations

September 19, 2022 Comments Off

Plans laid out Sept. 14 by the European Commission to reform electricity markets and reduce gas prices are a welcome first step, but are insufficient to save the energy-intensive aluminum industry from further production cuts, job losses and a possible complete breakdown, European Aluminium said Sept. 15. In addition, European nonferrous metals industry trade association Eurometaux said late Sept. 14…