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Central Europe’s Steel Symbiosis: Energy’s Existential Enigma

A panel at the EUROMETAL Regional Meeting Central Europe in Warsaw found that European Union mills & distributors are increasingly interdependent amid limited export competitiveness. Energy prices trump all other considerations for transition investments. Trinecke Zelezarny’s Jiri Mravec said €200 per megawatt hour electricity renders electrification uneconomic & customers refuse green premiums. ArcelorMittal’s Tomasz Plaskura said competitive energy prices are the only driver for keeping investments in Europe, more so than subsidies.

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