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October 2022

The Energy crisis is wreaking havoc on the European metals industry. How will this impact the 2023 annual contract negotiations?

A perfect storm for the European metals industry – high energy prices, tight labour market, and weakening demand. We have seen nonferrous production curtailed across the whole continent as gas prices have soared. At the same time, metal prices have been in decline from their recent highs as demand forecasts are continually set lower. Consumer