27
Mar
15:04
CSC to offset impact of higher electricity tariffs
China Steel Corporation (CSC), Taiwan's largest steelmaker, projects it will face a potential TWD 210 million ($6.1m) increase in annual costs due to higher electricity fees from 1 April. CSC says it uses various power saving solutions that will offset some 80% of the impact from the hiked tariffs, Kallanish notes.
Initially, CSC expects group power costs to grow TWD 1.2 billion as Taiwan Power Company will increase electricity rates from April (see Kalla…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous