electricity prices - Latest news GMK Center

European steelmakers call for paying attention to electricity prices, Ukrainian steel sector proposes to reduce the share of electricity imports which is needed to ensure stable energy supply to 50%

The wholesale price of electricity in Britain has recently exceeded its cost in France and Spain

This is due to the increase in electricity prices, as well as the expected weakening of iron ore prices in China

Providing electricity at competitive prices will be crucial for preserving Europe's industrial base

In June 2024, the import of electricity to Ukraine increased to 850 million kWh

The situation continues to affect the competitiveness of the industry

In particular, electricity cost was affected by the increase in the price of gas and carbon emissions

At the stage of transformation, the country's steel sector needs active political steps

According to the regulator, the increase in price caps will allow to increase imports at night

In April, gas injection into European gas storage facilities slowed down

The likely increase in demand in April-June is forecast to be insignificant

The country's steel companies need the government's support in matters of decarbonization