Nyrstar, one of Europe's main zinc producers, will cut production at one of its European smelters due to rising energy costs at a time when premiums in the region are at six-year highs.
"Nyrstar's fully electrified zinc smelter in Budel-Dorplein, the Netherlands, is curtailing production during peak times of day when power prices exceed the break-even cost of production. This is in response to the surge in regional power prices over the past year," a spokesperson for Nyrstar told Fastmarkets on Friday September 24."Industry discussions with the government about potential support are ongoing, but Nyrstar Budel and Dutch aluminium producers are in a disadvantaged position relative...