PUMA has entered a multi-year partnership with RE&UP Recycling Technologies to advance circular textile solutions. This collaboration will convert textile waste into RE&UP’s next-generation recycled cotton fibres and polyester chips. Aligned with PUMA’s Vision 2030 sustainability goals, which prioritise circularity, this initiative builds on the expansion of its RE:FIBRE textile-to-textile recycling programme. The company has […]
Zawya published a report that suggested that the Weak demand from consumer goods industries will limit the ability to sustain significant price hikes. The manufacturing costs are increasing in the US, along with the increasing demand for sluggish goods. Trade policy uncertainty further complicates short- and medium-term planning, leading many businesses to delay major decisions […]
The World Steel Association has reported that Türkiye’s crude steel output declined by 5.9 percent in January from a year ago to 2.9 million tons. The downward trend continued into February, with output over the first two months of 2025 falling 3.7% compared to the same period last year, totaling 6.1 million tons. Türkiye ranked the seventh-largest crude steel producer in […]
The imposition of tariffs on steel imports by the United States has led to significant job [1] losses in Canada, with hundreds of workers affected. The steel tariff policy has sent shockwaves through the Canadian manufacturing sector, with economists warning of broader economic repercussions in the coming weeks. Among the hardest-hit companies is Canada Metal […]
Marseille-based GravitHy, a pioneer in low-carbon iron production, has successfully raised €60 million in a funding round aimed at advancing its mission to decarbonize the steel industry. The investment, announced on March 26, 2025, attracted new backers, including the Japan Hydrogen Fund, Marcegaglia, Ecolab, Rio Tinto, and Siemens, alongside additional contributions from existing investors like […]
Sheep Inc., a pioneering sustainable fashion brand, has announced a significant £5 million Series A investment, marking a major step in its mission to transform the fashion industry. The funding will fuel the company’s growth and accelerate its efforts to establish new industry benchmarks for environmentally and ethically responsible practices. The investment comes at a […]
