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12 Jul
11:31

Feralpi forecasts uncertain second half amid costlier energy

Uncertainty is looming in the second half of the year for the rebar market due to skyrocketing energy costs in Italy and Germany, Italian rebar maker Feralpi’s president, Giuseppe Pasini, said during the company’s financial results presentation followed by Kallanish. In Italy, energy prices are expected to reach €700-800 ($700.4-800.5) per megawatt compared to the peaks of €500/MW seen in H1. From April to June, Feralpi registered a significa…
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