Argus Media reported that European ferroalloy industry association Euroalliages have urged European authorities for financial support to ferroalloy producers that are struggling to survive the continent's acute energy crisis & members of Euroalliages held meetings with director generals of the European Commission late last month to request electricity price caps and subsidies for electricity costs, and to convey the severity of the metallurgical industry's position.Euroalliages General Secretary Ms Ines Vanlierde told Argus “We are terribly impacted by the level of energy prices, if they keep climbing, we won't be able to compete. This is probably the worst crisis we ever went through, because what I hear from Euroalliages members is that when they knock on their national authority's door. They sympathise and understand, but basically they are not doing a lot or nothing at all for the time being. We are extremely frustrated."Ms Ines Vanlierde said “The absence of a long-term unified response is not sustainable. The problem is that policy between the member states is not harmonized. The lack of consistency creates an imbalance within the single market.”She added “Some Euroalliages members have already idled operations, so we are running through a process where at this level of electricity price we cannot produce, and of course we cannot compete.”She also said “We have heard from high-level European officials, that the situation will not fundamentally improve until the end of next year, or early 2024, a statement which raises serious concerns regarding the future of electro-intensive industries in Europe and the implementation of green European ambitions as imports from high-carbon sources keep growing.”
Argus Media reported that European ferroalloy industry association Euroalliages have urged European authorities for financial support to ferroalloy producers that are struggling to survive the continent's acute energy crisis & members of Euroalliages held meetings with director generals of the European Commission late last month to request electricity price caps and subsidies for electricity costs, and to convey the severity of the metallurgical industry's position.Euroalliages General Secretary Ms Ines Vanlierde told Argus “We are terribly impacted by the level of energy prices, if they keep climbing, we won't be able to compete. This is probably the worst crisis we ever went through, because what I hear from Euroalliages members is that when they knock on their national authority's door. They sympathise and understand, but basically they are not doing a lot or nothing at all for the time being. We are extremely frustrated."Ms Ines Vanlierde said “The absence of a long-term unified response is not sustainable. The problem is that policy between the member states is not harmonized. The lack of consistency creates an imbalance within the single market.”She added “Some Euroalliages members have already idled operations, so we are running through a process where at this level of electricity price we cannot produce, and of course we cannot compete.”She also said “We have heard from high-level European officials, that the situation will not fundamentally improve until the end of next year, or early 2024, a statement which raises serious concerns regarding the future of electro-intensive industries in Europe and the implementation of green European ambitions as imports from high-carbon sources keep growing.”
