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02 Jun
15:07

New electricity rates to hit Turkish steelmakers further

Turkish mills are about to face a 71% rise in electricity bills as of 1 July due to a new adjustment made by governing body EPDK, Kallanish notes. With its latest decision, the Energy Market Regulatory Authority (EPDK) stated that the electricity prices of consumers who consume above TRY 80,000 per month will be billed based on electricity spot market prices, instead of tariffs. This means the electricity bills of the consumers in this group will increase by up to…
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