April 30, 2025

European steel producers warn of trade and pricing risks despite quarterly results

Europe’s leading steelmakers delivered stronger-than-expected Q1 earnings but cautioned that rising global trade tensions, sluggish European prices, and ongoing market instability could dampen their full-year outlook. ArcelorMittal reported a decline smaller than anticipated in its quarterly core profit, but the steel giant warned that trade disruptions could threaten its 2025 demand projections, especially in key markets […]

Phoebe Gates Launches AI-Powered Fashion App ‘Phia’ to Revolutionize Sustainable Shopping 

Phoebe Gates, daughter of tech mogul Bill Gates, has ventured into the fashion tech industry with the launch of ‘Phia,’ an AI-driven shopping platform aimed at transforming how consumers approach sustainable fashion. Co-founded with her former Stanford roommate and climate activist, Sophia Kianni, Phia serves as a comprehensive tool for comparing prices across over 40,000 […]

Primegold Steel & Power Ltd Unveils 20 MW Solar Project in Push for Green Steel

Primegold Steel & Power has been a part of the wind power sector, alongside long-term renewable energy contracts and solar power. The company’s continued investment in clean energy accelerates its transition to sustainable operations and eco-friendly steel manufacturing. Primegold Steel & Power Ltd has been changed to Primegold International Ltd, marking a decisive shift toward […]

Mexico’s Steel Industry Pushes for Finished Steel Exclusion from Immex Program

Mexico’s steel producers have urged the country’s Ministry of Economy (SE) to remove finished steel products [1] from the tax-exempt temporary import program, Immex, in an effort to protect the sector from unfair competition, industry sources report. The proposal is part of broader negotiations with the U.S. administration, aimed at securing an exemption from the […]

Iran’s March Steel Output Climbs 3.7% Year-on-Year, WSA Reports

Iran’s steel production saw a modest recovery [1] in March, rising 3.7 percent compared to the same month last year, according to the World Steel Association’s (WSA) latest report on global output trends. The uptick helped offset the country’s consecutive declines in January and February, though overall quarterly production remained subdued. WSA’s monthly analysis highlighted […]

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