this is exactly the same for EVERYWHERE in Europe; so your logic would suggest that ANY industry in Europe would become unprofitable….
the point is one needs to understand why power price have soared. Aside from higher raw material prices, they are heavily affected by weather currently with wind turbines not turning on lack of wind; and gas storage volumes low because of cooler than average temperatures.
so these two latter points will autocorrect.
raw material prices will likely autocorrect too next year; as bottlenecks are solved.
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