China to Expand National Carbon Market, Strengthening Emissions Reduction Efforts China has announced plans to *expand its national carbon market*, signaling a stronger push toward *emissions reduction* and *industrial sustainability*. As the world’s largest carbon emitter, China’s...
Rio Tinto Invests $1.8 Billion to Expand Iron Ore Production in Australia Global mining giant *Rio Tinto* has announced a *$1.8 billion investment* to expand its *iron ore production* in Australia. This significant move aims to strengthen supply chains, meet increasing glob...
Thyssenkrupp to Cut 1,800 Jobs in Automotive Division Amid Restructuring Thyssenkrupp has announced plans to *cut 1,800 jobs* in its automotive division as part of a broader restructuring strategy aimed at improving efficiency and addressing financial pressures. The decisi...
Global Pig Iron Prices Recover After Recent Decline Following a period of decline, *global pig iron prices* have shown signs of recovery, reflecting a shift in market conditions. The rebound is attributed to *increased demand, supply adjustments, and s...
Brazil-United States Discussions on Steel Tariffs Anticipated Today /Brasília, Brazil/ – *Brazilian Vice President and Minister of Development, Industry, and Commerce, Geraldo Alckmin*, is set to engage in discussions today with *US Commerce Secretary Howard Lutnick* ...
Polish Steelmakers Call for Stricter Public Procurement Regulations to Support Domestic Industry /Warsaw, Poland/ – In an open letter to *Donald Tusk*, Prime Minister of Poland, a coalition of local steel suppliers and service centers, including *Ferrum*, *Alchemia*, *Stalprofil*, *Izostal*, *Pro...
Canada's Algoma Steel Braces for Challenges from US Tariffs /Sault Ste. Marie, Canada/ – Canadian steelmaker *Algoma Steel* is preparing for the potential impact of steel and aluminum tariffs soon to be imposed by the Trump administration. According to *Algoma...
Pakistan and Russia Initiate Talks for New Steel Plant at Pakistan Steel Mills Site /Islamabad, Pakistan/ – The Pakistani government has entered into discussions with Russia to establish a modern steel plant at the location of the dormant Pakistan Steel Mills (PSM), according to rece...
Petronas and Sabah Energy Corp. Partner to Advance Green Steel Production in Malaysia /Kuala Lumpur, Malaysia/ – Malaysia’s state-owned energy giant Petronas has announced a strategic partnership with local natural gas supplier Sabah Energy Corporation (SEC) to enhance the supply of na...
Canada Files Official Complaint with WTO Over US Tariffs /Ottawa, Canada/ – The Canadian government has formally lodged a complaint with the World Trade Organization (WTO) regarding the United States' decision to impose significant tariffs on Canadian goods...
US Mayors Warn Tariffs Could Stifle Economic Growth The *US Conference of Mayors (USCM)* has urged *President Donald Trump* to *cancel tariffs* on *Canada* and *Mexico*, warning that these tariffs would severely impact *US businesses* and *consumers*. ...
India's Steel Ministry to Assess Impact of US Tariffs on Steel Imports India's *Ministry of Steel* has stated that it will *"wait and watch"* the impact of the *US*'s *25 percent tariff* on steel and steel products before devising any counter-strategy. *H.D. Kumaraswamy*...
