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Federacciai’s Fulminations: Energy’s Exorbitance Imperils Italian Steel

Federacciai warns that rising energy costs threaten Italian steel production. Electricity prices exceeded two hundred euros per megawatt-hour in September. This is higher than in Germany, France, and Spain. The association wants a temporary suspension of carbon costs for gas-fired power plants. Italian steel output fell three point five percent in August. Further increases could force plant shutdowns

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