UK steelmakers face electricity prices twice those of their direct competitors in France and 50% more than German steel producers, according to a new report published by the sector’s trade association.
The UK’s first carbon capture usage and storage (CCUS) project could be commissioned within a decade according to a new government report on the technology, released to coincide with a CCUS summit in Edinburgh today (30 Nov).
The age of steel dawned around 150 years ago. To ensure it continues for centuries to come, foundries will need to embrace new materials, technologies, processes and industrial innovations. Thankfully, the UK steel industry is already at the cutting-edge of technical developments.