ACEA said “Automobile manufacturers source almost all their steel (over 90%) in the EU. Since manufacturing restarted in summer 2020 there has been a serious shortage of steel in the European market.

He added “Increased separate collection is a key driver for increased recycling, with notable increases in countries such as Italy and Poland attributed to increased separate collection and greater public awareness of the benefits of steel recycling.”

Expressions of interest from potential investors in ZiscoSteel are now being adjudicated with the process due to be completed by the end of this month.

Leading global producer of plasma-derived medicines Grifols and RWE Renewables have signed a 10-year Power Purchase Agreement.

Metso Outotec has signed a contract with China International Aluminium Engineering Corporation for the delivery of sustainable technology.

TASS reported that Russian aluminium maker Rusal has promised that aluminium supplied to the domestic market will not be more carbon rich than aluminum

The European Union had notified the initiation of an investigation on 26 February 2021.

Express News Service reported that the Karnataka High Court has asked the state government for its stand on the decision to sell 3,667 acres of mining land in Bellary to steel major JSW Steel Ltd