The European Commission will support the wind energy sector to decarbonise the steel sector
According to the statement by European Commission President Ursula von der Leyen, the Commission will support the wind energy sector, which currently faces unique challenges, in line with the steel sector's decarbonisation objectives. Ursula von der Leyen: “From wind...
German industries urge Berlin to lower energy prices
The German steel industry, among other manufacturing industries, has called on the federal government to speed up the decision in favor of a temporary “bridge price” for electricity. National federations and trade unions of workers in the steel, glass, chemicals,...
Aluminium: Russia turns to India to reduce dependence on China
Russia in recent months has increased imports of the raw material aluminum alumina from India to supply its vast Siberian plants, a move that diversifies the sanctions-hit country's supply, helps reduce dependence on China and cuts costs. After invading Ukraine, the...
Electrolytic aluminium: Alumina and electricity costs drive up prices
The combined effects of alumina prices and self-powered electricity caused the cost of electrolytic aluminum to rise in August. According to various market research on electrolytic aluminum processing enterprises in China, in August 2023, the weighted average full...
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