18
Oct
15:51
Floating electricity prices drive up Chinese steelmaking costs
The shortage of coal has led to rising energy costs, and some Chinese provinces have gradually increased electricity prices to ease pressure on power plants. As a high energy-consuming industry, the steel industry is seeing both rising costs and an impact on production, Kallanish notes.
Jiangsu Province in eastern China has implemented an electricity price reform since last week. The Jiangsu power market closed its monthly bidding on 15 October. Acc…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous