14
Nov
12:27
Korean steelmakers face rising electricity costs
The production cost burden of South Korea's electric arc furnace (EAF) steel plants has increased as the country's industrial electricity prices rise again, Kallanish notes.
Korea Electric Power Corporation (KEPCO) increased industrial electricity prices for large companies by an average of KRW 10.6 ($0.008) per kilowatt-hour from 9 November to reflect rising pressure of energy supply in the fourth quarter. Electricity prices in South Korea increased by KR…
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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