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07 Sep
08:27

Aperam reduces production on costly energy: sources

Stainless steel producer Aperam is extending its scheduled summer production stoppages into September at its steelworks in Genk, Belgium, due to the unsustainable cost of energy, Kallanish learns from sources close to the matter. The works in Charleroi is also heavily reducing output, Kallanish understands. Because of the electricity and gas price increases, the company is now operating at a loss, Aperam chief executive Bernard Hallemans told the Brussels Times. H…
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