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UK Explores Linking Its ETS to the EU Carbon Market for Greater Climate Alignment
The UK government is evaluating the possibility of *linking its Emissions Trading System (UK ETS) with the EU’s ETS*, potentially creating a more unified and efficient carbon market across Europe. *W...
mars 25, 2025
0 532
News

India’s BMW Industries to Invest $92 Million in Greenfield Steel Complex in Jharkhand
India's *BMW Industries Limited (BIL)* has announced plans to invest *$92 million* in a *greenfield downstream steel complex* in *Bokaro*, located in the eastern state of *Jharkhand*. The project, set...
mars 25, 2025
0 555
News

Turkish Steel Market Faces Uncertainty Amid Decline in Key Industries
Turkey's steel market began 2025 with strong performance levels, reflecting the high rates achieved in the previous year. However, significant challenges remain, with several factors threatening the f...
mars 25, 2025
0 556
News

IIT Mumbai and John Cockerill Group Partner to Drive Steel Industry Decarbonization
In a significant step towards *sustainability*, *John Cockerill Group* from *Belgium* and the *Indian Institute of Technology (IIT), Mumbai* have signed a *memorandum of understanding (MoU)* to collab...
mars 25, 2025
0 485
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CISA Calls for Halt to New Steel Capacity Additions Amid Industry Adjustment
At the *16th High-Quality Development Conference* of the *Steel Industry* in Beijing, *Jiang Wei*, Vice President and Secretary General of the *China Iron and Steel Association (CISA)*, emphasized the...
mars 25, 2025
0 466
News

Trump's Potential Flexibility on Reciprocal Tariffs Boosts US Stocks
US stocks surged following reports that President *Donald Trump* may adopt a more *measured approach* to his proposed *reciprocal tariffs* set to take effect on *April 2*. Initially, the tariffs were ...
mars 25, 2025
0 507
News

Brazil's Finished Steel Trade Shows Volume Deficit but Value Surplus in February
Brazil's finished steel trade recorded a *volume deficit* but a *value surplus* in *February 2025*, according to data from the *Secretariat of Foreign Trade (SECEX)*. In February, Brazil exported *22...
mars 25, 2025
0 502
News

Vietnam's Steel Production Declines in Early 2025, While Sales Show Strong Growth
Vietnam's steel industry saw a *decline in steel production* during the first two months of 2025, while *sales* experienced a significant increase. According to the *Vietnam Steel Association (VSA)*, ...
mars 25, 2025
0 640
News

India's Steel Imports Could Be Halved in FY2025/2026 with Proposed Safeguard Duty: ICRA
India’s steel imports are expected to decrease by *50%* in the *2025/2026 fiscal year* if the government implements a *12% safeguard duty* for 200 days, according to a report from the Indian credit ra...
mars 25, 2025
0 576
News

Salzgitter Reports Weak German Economy and Export Uncertainty Amid Energy Prices and Imports
Salzgitter Group has expressed concerns about the ongoing challenges faced by the German steel industry, citing the weakening German economy and rising uncertainty in export markets due to growing ten...
mars 25, 2025
0 460
News

Oleksandr Dunaysky: Infrastructure Reconstruction Boosts Demand for Steel Structures in Ukraine
In a recent interview, *Oleksandr Dunaysky*, Director of the Steel Structures Division at *Metinvest-SMC*, emphasized that *Ukraine’s large-scale infrastructure reconstruction* is now the *main driver...
mars 25, 2025
0 488
News

EU’s Renewable Energy Share Rises to 46.9% in 2024, Strengthening Green Transition Goals
The share of *renewable energy in the EU’s electricity mix climbed to 46.9% in 2024*, according to preliminary estimates. This marks a significant rise from 44.4% in 2023, reflecting the bloc’s accele...
mars 24, 2025
0 510
News
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