Business and Energy
The Bottom Line
00:00
The Energy Cost of Steel Plants
steel is a really energy intensive sector. It's a foundation sector to many parts of the u.K. Economy in terms of how much, say, electricity we use. Gas, we use as much as 450 thousand homes. So you can see that if the price of energy goes up and our competitor doesn't, then that really hits us hard. Those figures are, what for the whole u. K. Industry, or for one very large plug. There are six steel producers in the u k. That's all of those.
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