India Plans $529 Million Program to Cut Steel Industry Emissions ** ** India's Ministry of Steel is preparing a *$529 million (Rs 5,000 crore)* incentive program to help steel producers reduce carbon emissions and accelerate the adoption of cleaner production techn...
Ukraine Sees Current EU Steel Quota Agreement as First Step Toward Better Market Access ** ** Ukraine has described its current agreement with the European Union on steel import quotas as a *starting point rather than a final solution*, signaling that further negotiations will be needed ...
Metinvest Secures €20 Million to Boost Renewable Energy and Energy Resilience Ukrainian steelmaker *Metinvest Group* has secured *€20 million* in long-term financing from the *Black Sea Trade and Development Bank (BSTDB)* to strengthen energy resilience and accelerate renewable...
BHP, Rio Tinto and Caterpillar Launch Battery-Electric Haul Truck Trial in Australia Mining giants *BHP* and *Rio Tinto* have joined forces with *Caterpillar* to launch an industry-first trial of *battery-electric haul trucks* at BHP's *Jimblebar iron ore mine* in Western Australia's ...
Chinese Steel Enterprises Return to Profit with RMB 18.17 Billion in January-May 2026 ** ** China's ferrous metal smelting and rolling industry returned to profitability during the first five months of 2026, recording a *gross profit of RMB 18.17 billion*, according to the latest data ...
Vietnam's Steel Output and Sales Increase in January-May 2026 ** ** Vietnam's steel industry recorded higher production and sales during the first five months of 2026, supported by recovering domestic demand and stronger performance in several key product segmen...
CRISIL Revises VPTL's Rating Outlook to Positive on Strong Business Growth ** ** *CRISIL Ratings* has revised the outlook on the long-term bank facilities of *Venus Pipes and Tubes Limited (VPTL)* to *Positive* from *Stable*, while reaffirming its *'CRISIL A'* long-term rati...
US Revises Final AD Results for Belgian CTL Plate Producer Industeel The *US Department of Commerce (DOC)* has issued amended final results for its antidumping (AD) administrative review covering *certain carbon and alloy steel cut-to-length (CTL) plate* imported from ...
IEEFA Calls on BHP to Prioritize DRI Technology Over CCUS for Steel Decarbonization The Institute for Energy Economics and Financial Analysis (IEEFA) has urged BHP to shift its steel decarbonization strategy by prioritizing direct reduced iron (DRI) technologies over carbon capture, ...
India and EU Target December 2026 for Free Trade Agreement Signing India and the European Union are expected to *formally sign their long-awaited Free Trade Agreement (FTA) in December 2026*, with the agreement scheduled to enter into force between *February and Marc...
SAIL Supplies 5,700 Tons of Defense-Grade Steel for Three Indian Navy Vessels Steel Authority of India Limited (SAIL) has supplied the *entire requirement of 5,700 metric tons of defense-grade steel* used in the construction of three newly commissioned Indian Navy vessels, rein...
Stegra Completes €1.4 Billion Financing for Sweden's Green Steel Plant Swedish green steel producer *Stegra* has successfully completed a *€1.4 billion financing round*, securing the capital needed to continue construction of its hydrogen-based steel plant in *Boden, Swe...
