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22 Nov
15:50

UK steelmakers' electricity costs increase again

The UK’s independent gas and electricity regulator, Ofgem, has published its final decision on its review of network charges (Targeted Charging Review). Despite many warnings to the contrary by the UK steel industry, this will significantly increase electricity costs for steelmakers, their trade association UK steel tells Kallanish. Initial analysis suggests electricity price increases up to 10% for many steel producers, resulting from more than doubling o…
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