09
Jan
04:37
Differential electricity pricing influences Chinese steel costs
China's new differential energy pricing policies should impose cost increases on inefficient steelmakers and those which do not meet national standards, while giving leading mills a cost advantage. The policy is also likely to be used as a tool to enforce other policies, such as the elimination of medium frequency furnaces, Kallanish notes.
"Our electricity costs for normal steel products usually accournt for 10-15% steel prices", says a front…
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Anonymous
Very good overview of the weekly steel market.
Anonymous