Wake Up Call: Limited steel production, record electricity prices

Wake Up Call: Limited steel production, record electricity prices
Staff reporters
Summary Record electricity prices are crippling New Zealand manufacturers, forcing plants to curtail output. Meanwhile, the government has set up an advisory group to help it make decisions about covid-19, including the rollout of New Zealand’s vaccination programme. The opening of the trans-Tasman travel bubble has only made decisions more complex.Crippling electricity prices Heavy industry is putting plants on standby or limiting production due to untenable electricity prices. The NZ Steel mill at Glenbrook has confirmed it is curt...