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21 Dec

Energy costs impact EU coil contract talks

The massive oscillation in energy prices in many EU countries should have some influence on the current negotiations for annual coil supply contracts for next year, Kallanish notes. Following a historic peak in August, prices for electricity and gas in Germany had come down by October to levels seen back in January – the time when most annual contracts for 2022 were signed. Hence, October would have been the ideal time for negotiating parties in the upcoming…
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