My Times piece today: The UK has some of the highest energy costs in the world, which are a big competitive disadvantage as the economy embarks on a new Industrial Revolution:
Sky-high energy costs could not come at a worse time for Britain
https://www.thetimes.com/article/7c74854d-c705-4709-b906-c783933b1f29?shareToken=a145c79ceec8f8d95096d36409e37077
Sky-high energy costs could not come at a worse time for Britain
https://www.thetimes.com/article/7c74854d-c705-4709-b906-c783933b1f29?shareToken=a145c79ceec8f8d95096d36409e37077
Comments
From 2027 steel will be in CBAM so will have to be green production too
But Tata using 75% scrap and rest DRI which will be imported
They are working to increase scrap over time as filtering gets better
I don't see why importing iron ore is better than importing DRI?