Tata Steel on Wednesday said it will cut down around 1,600 jobs in the Netherlands in order to increase profitability amidst fierce competition due to the ongoing tariff war between China and the U.S. on the rising import tariffs. The decision will reduce Tata’s Dutch workforce by roughly 20%, mainly in their large steel plant […]
The European Union (EU), in collaboration with the Nigerian federal government, has launched a campaign to promote sustainable waste management within the fashion and textile sector. The initiative aligns with the United Nations (UN) international zero waste agenda, aiming to curb the environmental and social fallout of the industry’s linear production model. Speaking at the […]
The United Nations and the Swedish School of Textiles have collaborated to create a new range of Tour Guide uniforms that will revolutionize sustainable fashion. This groundbreaking collaboration marks the first time a higher education institution has designed uniforms for the United Nations headquarters in New York. About 20 students from the Swedish School of […]
The Culture Secretary Lisa Nandy opined that a commercial solution for British steel is still within reach as the government considers nationalising the Chinese-owned business. She views the company as a pivotal part of the country’s economy for years to come as it employs over 2,700 people. She believes that their future is “achievable and […]
British Steel is facing a severe shortage of materials [1], sparking concerns that the company could run out of essential supplies within days. The situation has alarmed industry experts and workers as the steelmaker grapples with rising costs and ongoing supply chain disruptions. Primarily focused on steel for construction, British Steel has been owned by […]
German steel manufacturers are urging the European Commission to swiftly implement [1] the EU Steel Action Plan, stressing its importance in safeguarding the industry against growing global competition, tightening environmental regulations, and economic uncertainty. In response to tariffs imposed by former U.S. President Donald Trump, the EU steel industry is now calling for stronger trade […]
The United States has temporarily suspended [1] the additional 26% tariff on Indian imports for 90 days, offering relief to Indian exporters. The suspension, effective until July 9, 2025, was formalized through a White House executive order and is seen as a strategic move to facilitate ongoing bilateral trade negotiations between India and the US. […]
