Electricity costs put UK steelmakers in worst position in three years against EU rivals
Published . Updated .
Premium paid over French counterparts has risen to almost £30 a megawatt hour, analysis by lobby group finds British steelmakers have been pushed further behind European rivals on electricity costs after the US-Israeli war on Iran caused a surge in global gas prices. The premium paid by the British industry over its French counterpart has risen to almost £30 a megawatt hour (MWh), its highest level in three years, according to analysis by the lobby group UK Steel. Continue reading...
Directly affected
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Indirectly affected
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Price reaction, T-5 to T+3
Premium paid over French counterparts has risen to almost £30 a megawatt hour, analysis by lobby group finds British steelmakers have been pushed further behind European rivals on electricity costs after the US-Israeli war on Iran caused a…
Source: The Guardian
How solid the defense case looks
12 out of 100
“Electricity costs put UK steelmakers in worst position in three years against EU rivals” scores 12 out of 100. The score uses 1 sources.