The European Iron Curtain was ridiculed by its European rivals

UK steel producers have filed a new appeal for government intervention in the energy crisis, warning that they are the laughing stock of Europe after being forced to suspend production in recent weeks.

The UK’s energy market is facing a “absolute catastrophe” next month, forcing at least 20 suppliers to go bankrupt, a day after Scottish Power CEO Keith Anderson said the government had not assessed energy prices.

Producers Mac UK said it hoped the government would take action 10 days after receiving confirmation from trade secretary Kwasi Quarting.

The European Union (EU) has already taken immediate action to dig up the industry, but the UK government’s pledge to support British industry has been marred by internal disputes between Quarting and Chancellor Rishi Sunak.

“We have not seen a solution from the government,” said Stephen Fipson, the UK’s chief executive.

The ceramic industry, which is a major part of the construction business, includes brick and mortar production, and urged the government to respond immediately.

Laura Cohen, CEO of the British Ceramic Confederation, said the government should take action to address the UK’s lack of competition in global gas, electricity and carbon prices. If the supply is tight, they must address the physical risk of disconnection.

Businesses are now warning that not only gas but also electricity prices are causing problems in manufacturing. UK Steel Director Gareth States last Friday saw electricity prices rise by an average of 250 250 megawatts to 1,000 1,000, with similar increases occurring randomly for more than a month.

“Companies have to make tough decisions about whether they can stop production for those few hours they have been doing for the past six weeks. These price increases are amazing.

According to Stace, the stalled steel industry was the last thing the industry wanted to do because “on-the-job” production would make plants more efficient, increase emissions, and damage furnaces.

Quarting proposed to the Treasury two weeks ago, but UK Mack said the provision of government-backed loans had not been forthcoming.

“Kwasi was very supportive at our meetings but we were a little upset because a lot of companies don’t take loans because it’s a competition issue, not a competition issue,” Fipson said, not looking at the treasury now. Mission: Understand how important energy costs are for industry.

“This is a burning issue right now. Kwasi has done all that work and we haven’t seen any results,” he added.

States spend three times as much on energy costs as their competitors in Germany. “We now feel that we are losing market share to foreign steel producers, especially those close to us, because the steel can reach our ports quickly, not only from the European Union, but also from Turkey.

“Now that we are more competitive than ever, we can flood your market,” he said. he said.

FPSson said a three-fold increase in energy prices, a shortage of staff and a shortage of shipping containers have begun to hit consumers.

Food and beverage prices have increased by 18 to 20 percent on production, while the price of raw materials has risen by 30 to 40 percent, Fipson added.

A government spokesman said: “Ministers and officials continue to engage constructively and regularly with industry to understand and address the impact of high global gas prices. Our priority is to control costs and ensure that power supplies are maintained.

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