UK steel industry calls for reduced electricity costs to match European competitors

The UK steel federation, UK Steel, published on Sept. 2 a report highlighting the sizable disparity in electricity prices between UK steelmakers and their European counterparts and called on the UK’s new government to take the opportunity to reduce it and sustain the steel industry. The report reveals that UK producers pay up to 50% more than those in France…The UK steel federation, UK Steel, published on Sept. 2 a report highlighting the sizable disparity in electricity prices between UK steelmakers and their European counterparts and called on the UK’s new government to take the opportunity to reduce it and sustain the steel industry. The report reveals that UK producers pay up to 50% more than those in France…Read More