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04 Jul
15:53

UK electricity cost double Spain/France, says UK Steel

It is critical the next UK government tackles energy prices after new data showed the UK’s electricity wholesale price over the past three months is more than double the cost of French and Spanish electricity, says UK Steel. With an impending switch to EAF steelmaking in the UK, it is expected the steel sector’s electricity consumption will roughly double, making electricity price “paramount”, UK Steel says in a note seen by Kallanish.…
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