RE&UP, a circular tech company specialising in textile-to-textile recycling, has entered a strategic collaboration with Marchi & Fildi, a leading textile group known for sustainable yarn production. Together, they are developing a new line of high-quality recycled cotton yarns, currently in the pre-industrial phase. This partnership combines RE&UP’s cutting-edge recycling technology with Marchi & Fildi’s […]
On Tuesday, Britain said that it could sustain the country’s last remaining steel blast furnaces for at least several more weeks after securing a fuel shipment. This marks the latest effort in a desperate government push to preserve domestic virgin steel production. The government had been working towards securing a sufficient supply of coking coal […]
JSW Steel plans to invest more than ₹50,000 crore to establish a 10 million tonnes per annum green steel plant near India’s financial capital, a senior company executive announced on Tuesday. “We will be investing Rs 50,000-60,000 crore for the green steel capacity,” Jindal told reporters. He also added that this will be a brownfield investment ( an investment […]
A new report by ‘Good On You’ reveals a significant gap between the fashion industry’s actions and its environmental impact. The Fashion Planet Benchmark Report 2025, analyzing data from thousands of brands, found that major fashion brands score an average of just 30% on the ‘planet’ pillar of Good On You’s brand ratings, while small […]
Turkey has reached its European Union (EU) steel import limits [1] for several product categories in the second quarter of 2025, reflecting heightened demand and ongoing trade constraints. According to data from the European Commission (EC), as of April 11, Turkish exporters had fully utilized their quotas for rebar (94,398 tons), wire rod (98,054 tons), […]
For the first time this year, U.S. steelmaker Nucor has lowered its weekly spot price [1] (CSP) for hot-rolled coil (HRC), reducing offers by $5 per short ton after holding steady for two weeks. As of the latest pricing update, HRC prices at all Nucor production facilities—except California Steel Industries (CSI)—have dropped to $930/t, while […]
