07
Apr
14:34
Energy Security Strategy to reduce costs: UK Steel
The UK government’s Energy Security Strategy announced on Thursday is “a major step forward” for the UK steel sector and will provide relief amid challenging circumstances for the industry, UK Steel says.
The government says it will extend for three years the EII compensation scheme and increase its aid intensity to up to 100% (1.5% of GVA). This has been a long-standing request from industry and will result in reduced electricity costs.
The EII…
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Anonymous
Very good overview of the weekly steel market.
Anonymous