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Prudent Policy Pivot Preserves Pivotal Producers

The UK Government has decided not to implement zonal electricity pricing after months of warnings from UK Steel, led by Gareth Stace, about the impact on industrial power costs and jobs. Secretary of State Ed Miliband confirmed the change, emphasising the need to protect competitiveness as the sector shifts to electric arc furnace production. While welcomed by industry, leaders call for deeper national reforms to lower the UK’s persistently high electricity prices and support investment in greener steelmaking.

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