09
Mar
23:32
NZ Steel warns on electricity costs
New Zealand Steel has warned that a change to how electricity is priced could result in the end of steelmaking in the country. The company, which is part of Australia’s BlueScope, has been attempting to cut costs and returned to profit over the last half year, Kallanish notes.
The changes to how electricity is charged will mean that consumers will pay more if they receive electricity that needs significant investment to deliver. That means rural communitie…
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Anonymous
Very good overview of the weekly steel market.
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