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Exclusive: India to reject call for anti-subsidy tax on some Chinese steel products

India will not impose countervailing duty (CVD) on select steel products imported from China despite a recommendation from trade officials and lobbying from local steel manufacturers, a government source told Reuters.

India , China , Chinese , Conor-humphries , Shivangi-acharya , Reuters , Jindal-stainless-ltd , Steel-authority-of-india , World-trade-organisation , Thomson-reuters-trust-principles , Directorate-general , Trade-remedies

Australian commodities exports surge to record $300 billion, set to tumble

Australian resource and energy exports climbed 9% to a record A$460 billion ($300 billion) in the financial year just ended, but are forecast to slide over the next two years as some energy prices have dropped back to levels last seen before Russia invaded Ukraine.

Australia , Ukraine , Russia , China , Sydney , New-south-wales , Australian , Edwina-gibbs , Lewis-jackson , Thomson-reuters-trust-principles , Reuters , Thomson-reuters-trust

Indian miner NMDC plans $61 mln investment in first gold block - source

State-owned Indian iron ore miner NMDC is likely to invest around 5 billion rupees ($61 million) in its planned first foray into gold mining, a source with direct knowledge of the matter said on Monday.

Hutti , Karnataka , India , China , Chittoor , Andhra-pradesh , Jan-harvey , Mayank-bhardwaj , Neha-arora , Hutti-gold-mines-co-ltd , Thomson-reuters-trust-principles , Reuters

Voestalpine expects subsidy for billion-euro investment in green steel

Speciality steelmaker Voestalpine expects to receive funding in Austria for its billion-euro switch from blast furnaces to electric ones, its chief executive said Wednesday.

Austria , Vienna , Wien , Matthias-williams , Miranda-murray , Herbert-eibensteiner , Thomson-reuters-trust-principles , Reuters , Alexandra-schwarz-goerlich-writing , Thomson-reuters-trust , Bmat , Bmat08

Germany launches scheme to help industry pay for carbon-free production

Germany is launching a programme that will make available tens of billions of euros for firms facing substantial energy costs, in a bid to help its challenged industrial sector fund a shift towards carbon-neutral production techniques.

Germany , United-states , Christoph-steitz , Robert-habeck , Reuters , Thomson-reuters-trust-principles , Economy-minister-robert-habeck , Thomson-reuters-trust , Rsbi-sustainable-markets , Rsbi-climate-change , Apre , Bact

Thyssenkrupp steel workers to hold protests over outstanding government grant

Thyssenkrupp's powerful steel workers' union will hold protests on June 14 over what they fear could be lower than anticipated government subsidies for a 2 billion euro ($2.2 billion) German green steel plant.

Germany , Berlin , German , Tom-kaeckenhoff , David-evans , Robert-habeck , Riham-alkousaa , Juergen-kerner , Christoph-steitz , Thomson-reuters-trust-principles , Germany-economy-ministry , Reuters

India's steel demand to grow 7.5% in 2023-24 - industry

India's steel consumption is expected to grow by 7.5% during the current fiscal year to March 2024, boosted by rising demand from the domestic construction, railways and capital goods sectors, a leading industry body said on Friday.

India , Frances-kerry , Mayank-bhardwaj , Steel-ltd , Reuters , Indian-steel-association , Thomson-reuters-trust-principles , Neha-arora-editing , Thomson-reuters-trust , Bact , Biz , Bmat

Despite promises, automakers lack 'concrete actions' to decarbonise steel - Greenpeace

Automakers, including Toyota and Volkswagen, should decarbonise their steel supply and cut back on the material's consumption by reducing the size of vehicle models, Greenpeace said on Thursday.

Berlin , Germany , Seoul , Soult-ukpyolsi , South-korea , Paris , France-general- , France , Tokyo , Japan , Daniel-leussink , Christoph-steitz

Column: China's refined nickel imports slump to near 20-year lows

China's imports of refined nickel have fallen to levels last seen almost 20 years ago, when the country's build-out of industrial capacity was still in its infancy.

Indonesia , Qianhai , Guangdong , China , Singapore , Norilsk , Krasnoyarskiy-kray , Russia , Netherlands , Ukraine , Shanghai , Hong-kong