According to Sinosteel, preliminary estimates will increase the cost of electricity consumption by NT$1.247 billion per year.

(file photo)

[Central News Agency] The electricity price increase has been finalized. Starting from April 1, large industrial high-voltage and ultra-high-voltage electricity consumers will increase by 17%. China Steel, a leader in the steel industry, said that a preliminary estimate will increase electricity costs by about NT$1.247 billion per year; Other industry players pointed out that due to the gradual recovery of the steel market, it should be possible to pass on the increased electricity cost.

The Electricity Tariff Review Committee of the Ministry of Economic Affairs decided today that the average electricity price will increase by 11%, as for the large high-voltage and ultra-high-voltage electricity consumers in the industry, it will increase by 17%, and the low-voltage users will increase by 10%, and the electricity consumption will decline by 10% in the second half of 2022. The amplitude of the above-mentioned industries is halved.

Please read on...

Due to the recent recovery in the steel market, some iron and steel industry players pointed out in interviews that although the increase in electricity tariffs will increase costs, the buying orders have gradually returned, and now there are orders placed in advance. Costs are passed on.

Sinosteel stated that last year, it purchased about 2.8 billion kilowatt-hours of electricity. According to the announcement of the Electricity Price Review Committee, the mobile electricity fee for UHV users has increased by 17%. The adjustment of the electricity price at each time of the announcement can only be actuarially known.

Sinosteel pointed out that the company will continue to implement energy-saving work, including implementing power-saving plans, actively making good use of off-peak power, using high-efficiency equipment, improving energy management, and actively introducing smart applications, etc., so as to reduce the company's operating costs and accelerate Promote the construction of energy storage systems and strengthen the resilience of the power supply system in the factory.

Grasp the pulse of the economy with one hand I subscribe to Free Finance Youtube channel

Already added friends, thank you

Welcome to 【Free Finance】

feel good

Already liked it, thank you.

related news