20
Apr
01:00
Lower Chinese power tariffs come into effect
China recently announced a cut in electricity prices intended to help its industry through the current economic downturn. The lower tariffs came into effect on 20 April, but the impact of such a move on steelmakers’ costs remains uncertain, Kallanish notes.
According to a notice from the National Development and Reform Commission (NDRC), average prices for commercial and industrial electricity use are down by Yuan 0.018/kilowatt hour. However, whether …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous