URSY.NEWS / The Guardian / 18 Oct 2026
Electricity costs put UK steelmakers in worst position in three years against EU rivals
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Premium paid over French counterparts has risen to almost £30 a megawatt hour, analysis by lobby group findsBritish steelmakers have been pushed further behind European rivals on electricity costs after the US-Israeli war on Iran caused a surge in global gas prices.The premium paid by the British industry over its French counterpart has risen to almost £30 a megawatt hour (MWh), its highest level…
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