The charge levied by the UK CBAM hinges on the carbon emitted during production and the difference in carbon pricing between the country of origin and UK producers.

They argue against allowing foreign companies to acquire American entities, asserting that it undermines established trade protections.

JSW Minerals Rail Logistics Private Limited is investing about $ 4 million per rake. A rebate of 10 percent is granted to the customer on base freight for every booking, it said.

Tata Steel’s Ferro Chrome Plants of Athagarh in Cuttack and Gopalpur in Ganjam have been adjudged with the prestigious Kalinga Safety Excellence Award in Platinum and Gold categories respectively at the National Safety Conclave – 2023 organised by the Instit...

Algerian steel producer Tosyali Algerie, a subsidiary of Turkish steelmaker Tosyali Holding will conclude the fourth phase, which began in 2022, of its capacity expansion project by 2025

Looking ahead, growth in steel demand is expected to pick up in industries such as machinery, automobiles, energy, shipbuilding, home appliances, and containers, while the demand in construction and hardware industries is projected to decrease.

Jishi, a tunnel boring machine (TBM), was put into use on Sunday in China's underground iron mine construction in Anshan city, Northeast China's Liaoning province, Liaoning Daily reported.

Electric steelmaking, a highly energy-intensive industry branch, was particularly affected, recording a slump of 11 percent to a record low of 10.1 million tonnes.