# Electricity costs put UK steelmakers in worst position in three years against EU rivals

- Source: Guardian World
- Published: 2026-10-18T23:01:12+00:00
- Category: World
- Original: https://www.theguardian.com/business/2026/oct/19/electricity-costs-uk-steelmakers-worst-position-three-years-eu-rivals
- Canonical: https://groundlevelnews.com/story/electricity-costs-put-uk-steelmakers-in-worst-position-in-three-years--a8bcd3/

Premium paid over French counterparts has risen to almost £30 a megawatt hour, analysis by lobby group finds British steelmakers have been pushed further behind European rivals on electricity costs after the US-Israeli war on Iran caused a surge in global gas prices. The premium paid by the British industry over its French counterpart has risen to almost £30 a megawatt hour (MWh), its highest leve

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