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Europe’s Commodity Firms Are Buckling Under the Energy Crisis

  • Metals, fertilizer sectors are struggling as power prices soar
  • Factory halts, higher supply costs further threaten economies
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Europe’s energy crisis is getting worse, piling pressure on the commodities industries that provide building blocks for the continent’s economy.

Power- and gas-intensive sectors such as steel, fertilizers and aluminum -- the most widely used base metal -- are being forced to close factories or pass on soaring costs to customers. Even sugar makers are feeling the pinch.