25
Aug
17:18
UK automakers warn alarming energy costs to significantly hurt industry
UK carmakers said on Thursday the sector needs urgent action to mitigate the effects of skyrocketing energy costs, if the industry is to maintain its competitiveness, Kallanish reports.
The call from the Society of Manufacturers and Traders (SMMT) isn’t new, but comes a day before the country announces a new increase in energy costs. In June, the trade body warned the industry could face a 50% increase in energy costs this year, which it said was equivalent…
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Anonymous
Very good overview of the weekly steel market.
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