China¡¯s EV sales rose by 60.2% year on year to 717,000 units in May. Cold rolled steel (CRC) prices rise from six-month low.

A producer source reported a premium of €300 per tonne for EAF-produced flat-steel.

This is unlike the distinct difference in say, electric vehicles and vehicles that use internal combustion engines, he said.

Keyu Jin, an associate professor of economics at the London School of Economics & Political Science mentions that advancements in green steel cannot be achieved in geographical isolation.

neficiation¡­Concerned About Mineral Exportation In Small Quantities

Lithium is a key material for electric-car batteries.

United Kingdom resources firm, Contango Holdings Plc commenced production of coking coal at its Lubu Project in Matabeleland North at the back of heightened demand for the product on the local market.

JSW Steel also partnered with German technology company SMS Group to reduce carbon emissions and produce green steel in September 2022.