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German Chancellor proposes to reduce electricity costs for the steel industry
Olaf Scholz promises to support steel industry at the national and European level German Chancellor Olaf Scholz has pledged support for the German steel industry, especially given the high energy cost...
Dec 11, 2024
0 1680


Interpipe has organized a hub in Batumi for transshipment of products in the eastern Black Sea
The company also moved its beam operations from the port of Constanta to Varna in Bulgaria Interpipe, a Ukrainian industrial company, is implementing modern logistics solutions, focusing on reducing c...
Dec 11, 2024
0 1388


Canada expects $71 million in annual revenue from tariffs on Chinese steel and aluminum
The new tariffs should compensate for the losses from cheap Chinese imports, promoting the development of local producers Canada is projecting an annual revenue of about C$100 million ($71.4 million)...
Dec 10, 2024
0 1636


SSAB receives €126 million for transition to carbon-free steel production
EU and Swedish funding to help reduce Sweden's CO2 emissions by 7% through modernization of Luleå plant Swedish steel company SSAB is receiving SEK 1.45 billion (€126 million) in funding from the Just...
Dec 10, 2024
0 1477


Nippon Steel plans to complete the acquisition of US Steel by the end of the year
The agreement can be completed if the necessary procedures are completed Japanese steelmaker Nippon Steel has reiterated its confidence that the acquisition of US steelmaker US Steel can be completed ...
Dec 10, 2024
0 1428


India increased steel imports from China to a historic high in April-October
India increased its steel imports from China to a historic high of 1.7 million tons in April-October 2024 (7 months of fiscal year 2024/2025), up 35.4% compared to the same period in 2023. This is evi...
Dec 10, 2024
0 1438


UK intents to support steel industry – Secretary of State
Industry development strategy with a focus on green steel presented at the parliamentary summit UK Secretary of State for Business Jonathan Reynolds reaffirmed the government’s commitment to supportin...
Dec 10, 2024
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Indian steel industry leads the world in CO2 emissions
Emissions from Indian steel reach 2.6 tons of CO2 per ton of finished product, which is 25% more than in China India’s steel industry remains the world’s dirtiest in terms of CO2 emissions. According ...
Dec 10, 2024
0 1554


How European steel industry can survive the perfect storm
**European stakeholders call for revival of industrial policy** /Sad news about the disastrous state of European steel industry appears in the media almost every day. European steelmakers reduce outpu...
Dec 10, 2024
0 1343


Tosyalı increases global production capacity to 15 million tons of steel per year
In Turkey, annual steel production at the company's facilities is estimated at 8 million tons Tosyalı Holding, one of the world’s leading steel producers, has increased its steelmaking capacity to 15 ...
Dec 10, 2024
0 1589


China collects feedback on project to measure emissions in steel industry
The country plans to expand the national carbon market by the end of 2024 China is seeking public feedback on new guidelines for reporting greenhouse gas emissions in the steel industry. Reuters  repo...
Dec 10, 2024
0 1287


German Chancellor calls for tougher EU measures against steel imports
Olaf Scholz also does not rule out the state's temporary participation in Thyssenkrupp's steel business. German Chancellor Olaf Scholz has called for tougher EU measures against steel imports, saying ...
Dec 10, 2024
0 1441
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