Steam Cost in United Kingdom
The chart above illustrates Steam cost assessments, in US Dollar per metric ton (USD/mt), from May 2022 through May 2023, as described below:
- Steam, MP, cash cost, on-site: Steam, Medium Pressure, United Kingdom, cash cost, formula, on-site (typical consumer facility)
- Steam, MP, contract price, exw: Steam, Medium Pressure, United Kingdom, contract price, exw, formula
- Steam, HP, cash cost, on-site: Steam, High Pressure, United Kingdom, cash cost, formula, on-site (typical consumer facility)
- Steam, HP, contract price, exw: Steam, High Pressure, United Kingdom, contract price, exw, formula
- Steam, LP, cash cost, on-site: Steam, Low Pressure, United Kingdom, cash cost, formula, on-site (typical consumer facility)
- Steam, LP, contract price, exw: Steam, Low Pressure, United Kingdom, contract price, exw, formula
- Steam, LP, cash cost, off-site: Steam, Low Pressure, United Kingdom, cash cost, formula, off-site (large supplier)
- Steam, HP, cash cost, off-site: Steam, High Pressure, United Kingdom, cash cost, formula, off-site (large supplier)
- Steam, MP, cash cost, off-site: Steam, Medium Pressure, United Kingdom, cash cost, formula, off-site (large supplier)
In May 2023, the medium pressure steam cash cost for on-site consumption in the United Kingdom stood at 35.40 USD per metric ton, representing a 41% decrease compared to April 2023. Looking at the broader trend, medium pressure steam costs have declined by 40% over the preceding twelve-month period. The medium pressure steam contract price on an ex-works basis in the United Kingdom reached 33.30 USD per metric ton in May 2023, down 27% from the previous month. Throughout the past year, medium pressure steam contract prices have experienced a cumulative decline of 42%. During May 2023, high pressure steam cash cost for on-site usage in the United Kingdom was recorded at 38.40 USD per metric ton, marking a 25% reduction from April 2023. Over the twelve-month span, high pressure steam costs have shown a total decrease of 40%. The high pressure steam contract price quoted ex-works in the United Kingdom was 36.30 USD per metric ton in May 2023, reflecting a 27% drop from the preceding month. The annual assessment shows that high pressure steam contract prices have fallen by 42% compared to May 2022.
The figures shown are illustrative and represent a historical sample from Intratec Industry Economics & Competitiveness. For up-to-date monthly competitiveness benchmarks and industrial cost data across 33 countries, subscribe to Intratec Industry Economics & Competitiveness.
Other Utility Costs
Steam is one of 10 industrial utilities priced monthly — reference data for cost analysis, project evaluation, and competitiveness studies
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About Steam
Steam is a versatile utility widely used in process industries for heating, power generation, and driving mechanical equipment. It serves as a key energy source, transferring heat to various processes and driving turbines and compressors.