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Roadmap of European low-carbon steel production projects
By 2030, the EU must reduce carbon emissions by 55% compared to 1990 levels and achieve climate neutrality by 2050. With around 200 million tonnes per year of CO2 emissions, the steel industry is responsible for 5% of global emissions and is working towards the goal...
Silver: Indian banks block imports as duty differential boosts private trade
Indian banks blocked silver imports after private traders bought large volumes of the precious metal from the United Arab Emirates to benefit from a lower duty. India, the world's largest consumer of silver, imposes a 15% duty on imports of the metal. But the...
Ex-Ilva decree converted into law
Big step forward for the Italian steel industry! The former Ilva decree-law is now law, opening up new prospects and guaranteeing the continuity of production at strategic plants. With 154 votes in favour, 46 against and 56 abstentions, the measure passed the Chamber...
Billets – Wire Rods – Metal Scrap: Turkish Product Trends in January
According to data provided by the Turkish Statistical Institute (TurkStat), the country's billet and bloom imports stood at 191,163 tonnes in January this year, up 2.5% month-on-month and down 47.5% year-on-year. The value of these imports stood at $108.92 million, up...