Posti, Finland’s leading postal and logistics company, and Nanso, a Finnish fashion brand, have joined forces in a circular economy initiative aimed at extending the lifespan of clothing and reducing textile waste. This collaboration addresses the growing consumer demand for sustainable solutions and the increasing regulatory pressure on businesses to adopt eco-friendly practices. Posti is […]
Turkiye’s crude steel production declined [1] by 2.8 percent in March compared to the same month last year, falling to 3.1 million tons, according to data from the World Steel Association (worldsteel). During the first four months of 2025, output dropped 3.4 percent year-on-year to 9.3 million tons, ranking Türkiye as the seventh largest steel […]
India’s Prime Minister Narendra Modi on Thursday urged India’s steel sector to reduce reliance on imports and transition toward becoming a net exporter, [1] emphasizing its critical role in the country’s ambition for a developed India, or Viksit Bharat. Speaking virtually at the India Steel 2025 conference, PM Modi outlined a transformative vision for the […]
Colorado-based Electra has raised $129 million to fund the next round to develop the technology to produce iron for steel. The technology is set at temperatures below boiling water and without planet-warming emissions. The startup emerged from stealth mode in 2022 and has since secured $214 million in funding from prominent investors, including Breakthrough Energy […]
France and other European countries will advocate for protection to shield the European steel industry against Chinese imports, French government spokesperson Sophie Primas said on Thursday. The statement came in response to steel giant ArcelorMittal’s decision to cut approximately 600 jobs across seven facilities in France, citing the ongoing struggles within Europe’s steel sector. “We […]
PUMA has successfully met its goal of producing 90% of its products using recycled or certified materials in 2024—a full year ahead of schedule—according to the company’s latest sustainability report released on Tuesday. Since setting the target in 2021, the sportswear giant has significantly scaled up the use of lower-emission materials, including 13% recycled cotton […]
