The UK government must address soaring electricity prices that inhibit the country’s steel producers from competing with European neighbours, the sector's trade body has warned.
A new report by UK Steel – The Energy Price Gap: A New Power Deal for UK Steel – calls for a “level playing field” on energy prices, so that British steel companies can compete in a new trading environment created by Brexit. The UK pays on average 62% more than Germany for electricity and around 80%…
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