Tag Archives: steel
Tale Of Two Droughts: Venezuela and India Hit By El Nino Energy Shortages
Posted on 23. Dec, 2009 by Ross.
One nation left Copenhagen happy with the weak international climate change deal; the other left screaming at the developed world and capitalism. Both have experienced severe energy shortages as a result of climate-induced droughts which have decimated the two countries’ hydroelectric power stations.
The difference between India and Venezuela, however, is that India has averted the [...]
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Energy Prices Leave UK Steel On The Brink Of Collapse
Posted on 15. Jul, 2009 by Ross.
The UK steel industry is facing oblivion in the face of falling demand and high energy prices which make it uncompetitive.
Anglo-Dutch steel firm Corus recently cut 4,000 jobs - a sixth of its workforce - and shut down two furnaces in Scunthorpe and Newport. Rotherham’s electric arc furnace, used for recycling scrap metal, is likely [...]



