Nuclear Watchdog Says Orders Won At Too-Low Prices
From Businessweek
Nuclear-reactor makers are offering prices too low to cover costs to win orders abroad in a strategy that puts earnings at risk, the head of the industry’s watchdog in France said.
“Export contracts for nuclear plants are being obtained at pure dumping-level prices,” Andre-Claude Lacoste, head of the Autorite de Surete Nucleaire regulator, said today at a conference organized by L’Usine Nouvelle magazine in Paris.
