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crackcodyscrack t1_j9o7ov0 wrote

Reply to comment by Independent-Soil5265 in Natural Gas and the return of the Bulls by [deleted]

But, German factories run on gas. And Europe needs to restock. This may bounce

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haarp1 t1_ja6vkj1 wrote

basf is moving production out of eu, countries are shutting down steel and alu mills and buying from russia (or transfering the production elsewhere).

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crackcodyscrack t1_ja75cbo wrote

Where to? You gotta move far to reduce gas dependency.

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haarp1 t1_ja761se wrote

china, usa i think. maybe also south maerica, india etc (for steel and alu). some are just buying from russia - plenty of exemptions in NL for example.

basf moved to china mostly.

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