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Important message to our customers : Energy crisis

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Published on : 22/12/2021

The industry in Europe is facing unprecedented difficulties as a consequence of the current energy crisis.

Gas prices have been multiplied by a factor of 10 over the past 6 months and deliveries in Q1/22 have faced an acceleration in increases over the past few days.

TTF Gas Price

Electricity prices across Europe are meeting equally impossible rises: depending on the countries, the multiplication factors range between X7 and X11.

Power – Exemple of Germany

Such energy prices will pose a threat to the continuity of industrial production in Europe, should they remain at these levels.

Industeel, however, will make sure that the production of its trademarks like Creusabro®, Superplast® and Mars® families of steel will remain available to its partners in this difficult situation.

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