electricity

Richard Warren: «The UK Government must keep pace with other countries support for their steel sectors»

The Head of Policy & External Affairs at UK Steel trade association – about the priorities and challenges for the UK steel sector today

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The share of energy resources expenditure in Turkish steel sector increased to 30% – TCUD

Before the increase in the cost of electricity and gas, the share of energy resources from the total costs of steel production was 7-8%

PFP is forced to suspend production due to power grid’s damage

The company will continue to fulfill its social obligations to the community and will retain all jobs

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The EU are working on limiting the gas price for the electricity production

It is proposed to establish subsidies for power plants using gas

Velta operates at half capacity due to reduced electricity consumption

Mining of titanium ores and production of concentrate are interrupted due to prolonged power outages

Zaporizhstal reduces the consumption of purchased electricity

The company has already reduced energy consumption from the energy system of Ukraine by 15 MWh

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Italian steelmakers to introduce a surcharge on electricity

The size of the surcharge to the product price can amount to €200-300 per ton of rolled steel

Slovak US Steel Kosice shut down two blast furnaces

The units were sent for idle for 60 days with the possibility of adjusting maintenance schedules

Switzerland’s Stahl Gerlafingen to reduced working hours

Due to the increase in electricity tariffs, the steel plant will reduce the working hours of employees

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Turkey increased electricity and natural gas prices for industrial users by 50%

Local steelmakers are considering the possibility of stopping production against the background of rising energy costs and low prices for finished products

Peak electricity tariffs in Europe reach almost €700 MWh

On the Hungarian market, day-ahead electricity prices reached €682 MWh during evening peak hours

35% of Ukraine’s energy capacities are at the occupied territories

Because of the Russian aggression more than 50% of thermal capacities, 30% of solar and more than 90% of wind are disabled

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