05
Jan
08:43
China's new electricity policies to reshape steel costs
China is using higher electricity prices for out-of-date steelmakers and plants targeted for closure, according to the National Development and Reform Commission. China's new electricity price differentials are effective from 1 January, Kallanish notes.
Some users will see additional charges of up to CNY 0.1/kWh ($0.014/kWh), while others will increase from CNY 0.3/kWh to CNY 0.5/kWh. For example, a blast furnace would see no additional charge if its energy …
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Anonymous
Very good overview of the weekly steel market.
Anonymous