EU steel, metals groups tout EC drive to cut energy costs, give state aid

European industrial energy consumer groups – including steel and non-ferrous metals producers – March 9 applauded a new European Commission drive to reduce the EU’s overdependence on Russian fossil fuels “well before 2030” and promote state aid on a temporary basis to companies facing high energy costs. The EC’s REPowerEU initiative, launched March 9 to achieve joint European action for…