Summer shut-downs make for dull bulk-alloy market

European bulk-alloy business remains muted thanks to summer shut-downs and low demand.

"Electricity is and will remain expensive and it is expected that there will be fairly special market conditions this year," said a source close to a Norwegian producer.

Reservoir levels have not recovered since last winter's crisis and there is concern both inside and outside Scandinavia, that electricity prices might once...


July 30, 2003

17:35 GMT