Steel production is an energy intensive process, and being cut off from cheap Russian energy is the major reason why it’s no longer profitable to do steel production in Europe.
After reading the article, I would guess that the blast furnaces are gas powered. Since Britain no longer is purchasing gas from Russia, the price is likely too high to run the blast furnaces, therefore pushing a costly transition to electric ard furnaces.
Just because the article doesn’t mention Russia specifically, we must analyze why it is no longer cost effective to run the blast furnaces.
I’m sorry how does this have anything at all to do with Russia?
Steel production is an energy intensive process, and being cut off from cheap Russian energy is the major reason why it’s no longer profitable to do steel production in Europe.
Damn they did the plot to Artemis
I was about to ask what was the connection as the article does not delve into it. Thank you!
After reading the article, I would guess that the blast furnaces are gas powered. Since Britain no longer is purchasing gas from Russia, the price is likely too high to run the blast furnaces, therefore pushing a costly transition to electric ard furnaces.
Just because the article doesn’t mention Russia specifically, we must analyze why it is no longer cost effective to run the blast furnaces.