Article 6VYGD UK steel industry calls for capped energy prices amid Trump trade war

UK steel industry calls for capped energy prices amid Trump trade war

by
Jasper Jolly
from on (#6VYGD)

British steelmakers lobby for government to set limit to compete with France and Germany

The British steel industry has called for capped energy prices for heavy industry in order to match France and Germany, as companies grapple with the fallout from Donald Trump's trade war.

UK Steel, a lobby group, has proposed the government set a maximum price for energy through a contract for difference (CfD), before an announcement of a new steel strategy.

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