ICRA: Cost and Technology Barriers to Slow India’s Shift to Low-Carbon Steel India’s transition to *low-carbon steelmaking* will remain a *long-term and gradual process*, constrained by *high costs and technological limitations*, according to a new report by Indian rating agen...
Fitch Warns Trump’s Europe Tariff Threat Raises Economic and Geopolitical Risks International credit ratings agency *Fitch Ratings* has warned that the threat of new US tariffs on European countries, linked to Greenland, represents a *significant escalation in transatlantic tensi...
Tata Steel Commits $1.22 Billion to Green Steel Technologies at Jamshedpur *Tata Steel Limited* has signed an agreement with the *government of Jharkhand* to invest approximately *$1.22 billion* in deploying *new-age green steel technologies* at its *Jamshedpur steel plant*,...
UK Steel Questions Use of Chinese Steel in Net Zero Teesside Project UK industry body *UK Steel* has raised concerns following reports that *BP awarded a contract for approximately 7,000 mt of steel* for the *Net Zero Teesside carbon capture, utilization and storage (C...
Thailand Extends Antidumping Duties on Steel Pipe Imports from Vietnam Thailand’s *Committee of Dumping and Subsidy* has decided to *extend antidumping (AD) duties on certain steel pipe products from Vietnam for another five years*, effective *January 12, 2026*. The com...
UK Steel Questions Use of Chinese Steel in Net Zero Teesside Project UK industry body *UK Steel* has raised concerns following reports that *BP awarded a contract for approximately 7,000 mt of steel* for the *Net Zero Teesside carbon capture, utilization and storage (C...
Thailand Extends Antidumping Duties on Steel Pipe Imports from Vietnam Thailand’s *Committee of Dumping and Subsidy* has decided to *extend antidumping (AD) duties on certain steel pipe products from Vietnam for another five years*, effective *January 12, 2026*. The com...
SAIL Secures Long-Term Natural Gas Supply from GAIL for IISCO Expansion India’s state-owned steel producer *Steel Authority of India Limited (SAIL)* has signed a *long-term natural gas supply agreement with GAIL India Limited* to support the expansion of its *IISCO Steel ...
UAE’s Emsteel and Modon Sign Strategic MoU on Sustainable Steel Solutions *Emsteel*, the largest steel producer in the *United Arab Emirates*, has signed a *strategic memorandum of understanding (MoU)* with local developer *Modon* to explore collaboration on sustainable ste...
Kyoei Steel Raises Vinton Steel Capacity Target to 360,000 Net Tons Japan-based *Kyoei Steel* has revised its investment plan for *Vinton Steel LLC* in the US, raising the planned annual capacity to *360,000 net tons*, up from 330,000 net tons. The revision is part o...
China’s Crude Steel Output Falls by 44 Million Tonnes in 2025 China’s crude steel production declined by *44.2 million metric tons in 2025*, exceeding market expectations, according to data from the *National Bureau of Statistics (NBS)*. Full-year output figure...
Japan’s Domestic Steel Consumption Down 1% in January–November 2025 Japan’s domestic steel consumption declined *1% year on year* to *39.23 million metric tons* in the first *11 months of 2025*, according to data from the *Japan Iron and Steel Federation (JISF)*. In ...
