Electricity costs put UK steelmakers in worst position in three years against EU rivals

October 18, 2026 · 11:01 pm 1 sources

Image: The Guardian

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• Electricity costs put UK steelmakers in worst position in three years against EU rivals
  The Guardian · October 18, 2026 23:01
  Premium paid over French counterparts has risen to almost £30 a megawatt hour, analysis by lobby group finds British 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…