Nippon Steel has filed a motion in U.S. court to dismiss a consumer lawsuit attempting to halt its proposed $14.9 billion acquisition of U.S. Steel, a deal currently under review by the Trump administration. On Wednesday in the federal court in San Francisco said the consumers, as downstream buyers of steel products, had not shown they […]
The European Commission has unveiled [1] a new strategy for the steel and metals industries, aiming to counteract intense global competition. As part of this plan, the Commission intends to tighten import quotas, targeting a 15% reduction starting from April. The European steel industry, already weighed down by high energy costs and stiff competition from […]
Egypt’s steel exports to Europe witnessed a dramatic decline of 90% [1] in January, according to a recent report. The sharp drop comes as the European Union prepares to impose a 15.6% anti-dumping duty on hot flat steel imports starting April 7. This development has significantly impacted Egypt’s steel trade with key European markets, including […]
John Cockerill Signs MoU with IIT Bombay to Drive Innovation in Steel Decarbonisation Technology John Cockerill has entered into a Memorandum of Understanding (MoU) with the Indian Institute of Technology Bombay (IIT Bombay), one of India’s leading research and academic institutions. This partnership aims to promote innovation in steel decarbonization technology, the green hydrogen value […]
Berry Global Group, Inc. has announced that it has surpassed its 2025 emissions reduction goal two years earlier than planned, as highlighted in its 2024 Sustainability Report. The report underscores the company’s continued progress in its “Impact 2025” strategy, aimed at advancing a circular, net-zero economy. Key achievements include a 28.3% reduction in Scope 1 […]
