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29 Jun
07:13

Electricity price hikes pose challenges for Taiwan’s EAFs

Taiwan’s Ministry of Economic Affairs (MEA) says it will increase electricity bills by 15% for large electricity consumers, including electric arc furnace steel mills. Rates for the majority of residents and small businesses meanwhile remain unchanged, Kallanish observes. The average price of high-voltage electricity usually used by EAFs will be increased from TWD 2.699/kWh ($0.091/kWh) to TWD 3.1039/kWh, effective from 1 J…
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