The situation has become critical since the start of the school year.
A 22% drop in production at Aluminum Dunkerque. Two out of three blast furnaces closed at ArcelorMittal, also in Dunkirk. Glassmakers who reduce their activity. Chemists who do the same. Manufacturers who use a lot of energy in their production processes are currently suffering martyrdom in Europe.
The situation has become critical since the start of the school year. For energy-intensive industrialists, the crisis began, as for many others, with Russia’s attack on Ukraine last February. The invasion accentuated the pressure, which had existed since the end of 2021, on the price of raw materials as well as that of energy. In a few days, the ton of aluminum flies away from 1000 dollars, close to 4000 dollars on the British LME. Fears over supply chains, linked to the war itself but also to sanctions against Russia, accentuate this volatility. However, the request is…
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