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Price woes may deepen for steelmakers

Weak demand in global markets is a key factor weighing on domestic prices. Respite in the near term appears unlikely as delayed economic recovery and a drop in steel prices in China exacerbate the situation

London , City-of , United-kingdom , South-korea , Japan , China , Chinese , London-metal-exchange , Tata-steel-ltd , Power-ltd , Securities-india

On carbon tax, not all steelmakers are on the same page

CBAM would increase costs for Indian steelmakers exporting to Europe, a key destination that is critical for their businesses

Netherlands , India , United-kingdom , Jayant-acharya , Tata-steel , Indian-steel-association , Steel-authority-of-india , European-free-trade-association , Mittal-nippon-steel , Steel-authority , Steel-association , Carbon-tax

iron ore: Debate emerges over iron ore export ban amidst clashes between steelmakers

Steelmakers without captive mines seek a ban on iron ore exports to safeguard their industry, while iron ore producers oppose this move. Primary steel producers advocate for import restrictions on finished steel products to protect domestic steel production. The Indian Steel Association emphasizes the need to curb imports to maintain self-sufficiency in steel.

Business-news , Breaking-newsbudget , Latest-news-updates , Economic-times , Economic-times-news-app , Daily-market-updates , Live-business , Iron-ore , Export , Steelmakers , Iron-ore-export-ban

Turkish steelmaker Erdemir to invest $3.2B to reduce emissions

Türkiye’s industrial giants Erdemir and Isdemir pledged Thursday to invest $3.2 billion (TL 96.3 billion) to curb carbon emissions, aiming to achieve a...

Serdar-ba , Carbon-emissions , Net-zero-goals , Investment , Erdemir , Steelmakers , Türkiye ,

Steelmakers raise prices on firm demand, costlier inputs

The demand momentum remains strong in the country led by government spending in the pre-election year.

China , Jayanta-roy , Corporate-sector-ratings , Whatsapp-channels , Steel , Coking-coal , Icra-motilal-oswal , Domestic-steel-prices , Rebound , Firm-demand , Higher-raw-material-prices

BRUSSELS/NEW DELHI -- India's steel exporters are among the Asian companies expected to be hit hardest by the implementation of the first phase of Eur

Brussels , Bruxelles-capitale , Belgium , India , European-union-carbon-border-adjustment-mechanism , European-union , Carbon-border-adjustment-mechanism , Eu , Carbon , Tax , Regime

Korean steelmakers on alert over initiation of EU carbon border tariff

The European Union began forcing POSCO, Hyundai Steel and other Korean steelmakers to report carbon emissions from production every quarter, threatening to impose penalties of up to 50 euros ($52) per ton on companies that do not comply with the new rule.

Brussels , Bruxelles-capitale , Belgium , South-korea , Pohang , Kyongsang-bukto , Korea , European-union , Korea-international-trade-association , European-commission , Investment-promotion-agency

How fast can European steelmakers decarbonise?

One of Europe’s dirtiest industries has ambitious plans to go green

Steelmaking , Steelmakers , European-steel-industry , Salzgitter-ag , Carbon-emissions , Arcelormittal , Energy-transitions-commission , Green-steel , Climate-change , Germany , Sweden

Our World

of his government. he's got steelmakers in there that are going to keep making steel for his tanks. he's got bankers in there. putin calls the meeting, really, for two reasons. the first is to make them, if you like, complicit in the action. he is saying that, "these are my people, they support me." the second was to say, "if you wanted to keep your wealth and your power in russia, you've got to be with me and all the consequences that that entails." but putin's war summit failed to spark much enthusiasm among his audience. i know for a fact that there were lots of oligarchs who really did not want to be in that room. you only have to look at the faces of the oligarchs — they knew that this invasion was going to destroy their investments, and almost certainly lead to their sanctioning. as russian troops made their way into ukraine, western governments, led by president biden, were preparing to hit back with an unprecedented campaign

President-putin , Meeting , Government , Steelmakers , First , Reasons , Tanks , Action , Bankers , Two , People , Russian

Our World

still come and grab it. this is the inside story of the hunt for the russian superyachts. siren wails. russia has invaded ukraine. early this morning we heard explosions here in the capital, kyiv, and in other major cities. on february 2a, vladimir putin's invasion shattered peace in europe and shook the rest of the world. within hours, he called a meeting in the kremlin. and summoned 37 of his most powerful oligarchs — ultra—wealthy businessmen who control key sectors of the russian economy. he knows that their businesses are critical to the functioning of his government. he's got steelmakers in there that are going to keep

Russian , Superyachts , Ukraine , Story , The-hunt , Siren-wails , President-putin , World , Invasion , Capital , Cities , Explosions