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India Proposes Linking Domestic Iron Ore Prices to Global Benchmarks for Greater Transparency
The *Ministry of Mines of India has proposed a major overhaul of the country’s iron ore pricing system*, recommending that *domestic prices be benchmarked to international indices* such as those publi...
6月 23, 2025
0 1181


EU Launches €3M Hydrogen Support Project for Turkey
The *European Union has approved a €3 million technical assistance project* to support the development of *Turkey’s green and low-carbon hydrogen ecosystem*, with the country's national gas supplier *...
6月 23, 2025
0 745


EU Agrees on CBAM Simplification, Easing Burden for Small Importers
The *European Parliament and Council have reached a political agreement* on a package of technical changes to the EU’s *Carbon Border Adjustment Mechanism (CBAM)*, aiming to *simplify compliance* whil...
6月 23, 2025
0 727


British Steel Backs £22M IGNITE Project to Transform UK Steel Industry
*British Steel has joined a major £22 million initiative* aimed at reshaping the UK’s steelmaking sector, with the goal of strengthening the domestic supply chain, *boosting national infrastructure*, ...
6月 23, 2025
0 816


Industrial Confidence Drops in June as Brazilian Entrepreneurs Remain Cautious
*Confidence among Brazilian industrial entrepreneurs declined in June*, according to data released by the National Confederation of Industry (CNI). The Industrial Entrepreneur Confidence Index (ICEI) ...
6月 23, 2025
0 866


India’s Steel Imports Projected to Halve in FY 2025–26 Amid Safeguard Duty Impact
*India’s 12% safeguard duty on steel imports is showing early signs of success*, with total import volumes projected to fall by *50% in fiscal year 2025–26*, compared to the *9.5 million metric tons (...
6月 20, 2025
0 1029


Nippon Steel Finalizes Landmark Partnership with US Steel, Pledges $11 Billion Investment
*Japanese steel giant Nippon Steel Corporation has officially completed its strategic partnership with United States Steel (US Steel)*, in a deal that is expected to generate *over 100,000 jobs* and b...
6月 20, 2025
0 851


Poland Launches Strategic Plan to Drive Sustainable Steel Industry Transformation
*The Polish Ministry of Industry has unveiled a wide-ranging action plan to secure the sustainable development of the national steel industry*, targeting major challenges including *competitiveness, e...
6月 20, 2025
0 1128


Brazil’s Finished Steel Trade Deficit Widens Sharply in May
*Brazil posted a significant increase in its finished steel trade deficit in May*, driven by a sharp rise in imports and a modest uptick in exports, according to data released by *SECEX*, the country’...
6月 20, 2025
0 842


Namikata Shipbuilding Adopts JFE Steel's Green Steel for Eco-Friendly Cargo Vessel
In a significant step toward greener maritime transport, *JFE Steel Corporation* has announced that *Namikata Shipbuilding*, a Japanese domestic shipbuilder, has utilized its *JGreeX® green steel* in ...
6月 19, 2025
0 951


NeoSmelt Consortium Secures Funding for Australia's Largest Low-Carbon Ironmaking Pilot
In a major push toward decarbonizing the steel industry, *NeoSmelt*, a consortium formed by industry giants *BlueScope, Rio Tinto, and BHP*, has received a *A$19.8 million funding boost from the Austr...
6月 19, 2025
0 883


India Expands Steel Import Restrictions, Raising Alarm Over Supply Chain Disruptions
In a move that has sent shockwaves across the steel industry, *India's Ministry of Steel has widened import restrictions* on steel and steel-related products, sparking concerns over *supply chain disr...
6月 19, 2025
0 926
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