In Europe steel works started stopping because of expensive electricity

@Vedomosti
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For support of branch state subsidies the Largest in Slovakia aluminum plant Slovalco can be demanded declared stop of production primary aluminia since September because of sharply increased cost of the electric power. The Bratislava newspaper Pravda reported on August 17 about it. The edition specifies that taking into account high prices of electricity production aluminia in 2023 "are economically inexpedient". "The decision [about stop of production] will concern to 300 main employees of plant and more than 1000 employees of the companies subcontractors as stop of production also will reduce need for purchase...
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Vesely Milan
Kalachev Aleksey
Grishunin Sergei
Puchkarev Dimitri
LME
Main activity:Finance
72
Norsk Hydro ASA
Organizations
7
Nyrstar Budel
Main activity:Metallurgy and metal processing