Bottega Veneta has introduced a limited collection of small leather goods made with Ephea, a mycelium-based material developed by biotechnology company Sqim. The launch, featured in the brand’s Fall 2026 men’s collection, marks the first time Bottega Veneta has incorporated the material into its products. The collection includes six styles offered in three colors and […]
L’Oréal marked World Refill Day by highlighting progress in expanding its portfolio of refillable beauty products. The company now offers 28 refillable products spanning 18 brands, including Lancôme, Prada Beauty, and Aesop, and reported a 34% increase in refill sales between 2024 and 2025. Despite growing interest in sustainable beauty, consumer awareness remains limited. A […]
BP has outlined measures it is taking to maintain energy supplies amid ongoing disruptions in global oil and gas markets. The company said it is coordinating activities across production, refining, trading, shipping, and retail operations to help balance supply and demand. Refineries in Europe and the United States have increased production of fuels such as […]
The Puutu Kunti Kurrama and Pinikura (PKKP) people have approved a new set of agreements with Fortescue following a native title authorization meeting in Karratha. The agreements replace the original 2010 Land Access Agreement and introduce a new Native Title Agreement and a Co-Management Agreement. According to the parties, the negotiations took three years to […]
China Baowu and Rio Tinto have announced the successful completion of industrial-scale pelletization and direct reduction trials using Rio Tinto’s Pilbara Blend iron ore at Baowu’s Zhanjiang Steel operations in China. The trials used a hydrogen-based shaft furnace to produce direct reduced iron (DRI) from pellets containing approximately one-third Pilbara Blend ore. The resulting DRI […]
Videberg Kraft has selected Rolls-Royce SMR as the supplier for new nuclear power facilities planned near the Ringhals nuclear power plant on Sweden’s west coast. The decision follows a four-year evaluation process that initially considered more than 70 potential suppliers. The project will involve the construction of three small modular reactors, each with a planned […]
The rapid expansion of datacenter infrastructure, driven in part by the growing demand for artificial intelligence, is drawing increasing attention to the carbon footprint of construction materials. While many operators are transitioning to renewable electricity, embodied carbon is becoming a larger share of overall emissions. According to Stegra, data centers account for approximately 3% of […]
SSAB has announced the completion of the world’s first bridge built with SSAB Zero™ steel, marking a notable application of low-carbon steel in infrastructure projects. The bridge spans 39 meters, weighs more than 30 tonnes, and is located over the E22 highway in Lund, Sweden. The project forms part of a wider infrastructure upgrade led […]
SSAB unveiled Armox® 500 AM Powder at the Eurosatory Defense and Security tradeshow held from June 14–19, 2026. The company said the powder has been developed to deliver the same protective characteristics as its Armox armor steel plates while enabling 3D printing. According to SSAB, the powder was developed in response to growing demand for […]
Salzgitter AG and EWE have signed a long-term agreement to supply green hydrogen to support the SALCOS® program, which aims to enable low-CO₂ steel production. Under the agreement, EWE will supply 10,000 tons of green hydrogen annually from its 320-megawatt production facility in Emden, beginning in 2030. The contract, signed in Berlin, marks Salzgitter AG’s […]
Chinese shipments of yttrium oxide to the United States fell to just 10 metric tonnes in April 2026, down from 60 tonnes in March, even as Beijing pledged to “address” US supply‑chain concerns following the May 14–15 Trump‑Xi summit. The Ministry of Commerce said on May 20 that it would work with the US on […]
Plug Power announced on May 20, 2026 that the 30 MW Barrow Green Hydrogen project in Cumbria, UK, has reached final investment decision, with Plug supplying GenEco PEM electrolysers. The plant will supply roughly 100 GWh/year of green hydrogen to Kimberly-Clark’s Andrex and Kleenex factory in Barrow-in-Furness. The project is delivered by GHECO, a joint […]
Andhra Pradesh’s State Investment Promotion Board, chaired by Chief Minister N. Chandrababu Naidu, on May 20, 2026 allocated the 2,250 MW Gandikota-2 pumped storage project to Adani Hydro Energy Eleven, a subsidiary of the Adani Group. The project, sited at the Lord Balaji Donthi Kona PSP Park in YSR Kadapa district, has a 72-month construction […]
At the 2026 Pacific Offshore Wind Summit on May 20, 2026, state and industry leaders praised California for advancing its offshore wind plans despite federal headwinds. The state has released a $228 million first installment from the $475 million Proposition 4 port-infrastructure bond, while the California Energy Commission has committed $42.75 million to upgrade waterfront […]
On May 20, 2026, the European Commission’s DG Energy published an overview of national emergency measures taken by EU member states to protect consumers and industry from rising energy costs. The publication accompanies the Commission’s “AccelerateEU” Communication, which targets rising energy costs amid volatile fossil-fuel markets and aims to accelerate the clean-energy transition. It complements […]
On May 20, 2026, the IEA’s Global EV Outlook 2026 projected that combined BEV and PHEV sales will reach 23 million in 2026, representing exactly 28% of total global car sales. Rhodium Group and MIT data released the same day show U.S. EV consumer spending was down 23% year-on-year in Q1 2026 after federal tax […]
On May 20, 2026, Iberdrola Chairman Ignacio Galan told the European Round Table for Industry plenary in Gothenburg that electrification is the key to Europe’s industrial growth. Born in Salamanca in 1950, Ignacio Galán has managed leading companies in various industrial and technological sectors throughout his career, profoundly transforming the profile of each one thanks to his forward-looking vision […]
On May 19, 2026, Australian energy-storage developer Enervest announced it had acquired the 300 MW Northern Border Battery, a project in development, from a Sydney-based developer. The transaction expands Enervest’s pipeline as Australia continues to lead OECD residential and grid-scale battery deployment. The deal lands the same week the Bloomberg NEF dataset projected 158 GW […]
On May 19, 2026, France’s Chantiers de l’Atlantique and partners launched the RHODE project to develop floating HVDC electrical connections for large-scale offshore wind farms. The R&D programme will design floating converter platforms able to evacuate gigawatt-scale power from deep-water sites where fixed-bottom HVDC stations are not feasible. It complements the parallel push by State […]
Grid data released on May 19, 2026 showed India curtailed 300 GWh of renewable energy in the first quarter of 2026 because of transmission constraints. The curtailment comes as India accelerates its renewables auctions but lags in evacuation infrastructure for solar-rich states such as Rajasthan and Gujarat. India added renewable capacity at the fastest growth […]
On May 19, 2026, Ford Energy — the wholly-owned battery-storage subsidiary of Ford Motor Company — and EDF Power Solutions North America announced a five-year battery energy storage system supply agreement. The deal follows Ford Energy’s launch earlier in May 2026 of a new containerized BESS product, repurposing EV-battery manufacturing capacity for stationary storage as […]
Figures released on May 19, 2026 showed Australia has surpassed 400,000 home battery storage installations under the federal Cheaper Home Batteries Program. The program subsidizes behind-the-meter residential batteries, which combined with rooftop solar form the backbone of consumer-side virtual power plants. The figure marks a step-change since the program’s launch and underscores Australia’s distinctively DER-centric […]
On May 19, 2026, German discount retailer Lidl began selling a 2.24 kWh balcony PV battery for EUR 299, with 1,000 W input and 800 W output. The Lidl unit is compatible with most balcony PV systems and is optionally app-controlled. It is the latest in a wave of mass-market plug-in solar products in Germany, […]
On May 18, 2026, DTE Energy issued a request for proposals for 1 GW of new wind and solar capacity in Michigan, with projects required to be operational by December 31, 2029. Projects must interconnect to the Midcontinent Independent System Operator (MISO) or DTE’s distribution system; bids are due August 13, with contracts to be […]
On May 18, 2026, the European Commission announced it would continue to monitor the oil market and prepare a coordinated response to jet-fuel supply pressures. The Commission’s action follows volatility in distillate markets after the escalation in the Iran conflict that began in mid-2025 and continues to affect Strait of Hormuz shipping; Saudi Aramco recently […]
On May 17, 2026, the White House published a fact sheet announcing that following the May 14–15 Trump–Xi summit in Beijing, China agreed to address U.S. concerns over supply-chain shortages of rare earths and other critical minerals, including yttrium, scandium, neodymium and indium. The agreement also created a new U.S.-China Board of Trade and a […]
According to the PJM Independent Market Monitor’s Q1 2026 State of the Market Report, published May 15, 2026, wholesale power prices rose from $77.78/MWh in Q1 2025 to $136.53/MWh in Q1 2026, a 75.5% increase. The report identifies data center load growth as the primary reason for recent and expected capacity market conditions, including total […]
On May 14, 2026, the IEA Photovoltaic Power Systems Programme (IEA-PVPS) released its 13th annual Snapshot of Global PV Markets, finding global cumulative installed PV capacity reached approximately 2,974 GW by end-2025, with annual installations of about 698 GWp. The report flags that more than 300 GW of installed PV is now more than a […]
On May 14, 2026, Spanish developer and IPP Zelestra energised its 1 GWh battery energy storage system in the Atacama Desert, Chile. The project is one of the largest single BESS assets operational in Chile and is designed to absorb daytime solar surpluses that have driven negative prices in the Sistema Electrico Nacional grid. Zelestra […]
On May 14, 2026, Casella Waste Systems and Waga Energy held a ribbon-cutting for their new renewable natural gas (RNG) facility at the Chemung County Landfill in Elmira, New York. The plant operating since January 2026 uses Waga’s WAGABOX landfill-gas upgrading technology and has a design capacity of 610,000 MMBtu RNG/year, with year-one projections of […]
Nucor raised its consumer spot price for hot-rolled coil by USD 10 per short ton in a customer letter dated 18 May 2026, bringing the headline offer to USD 1,090 per short ton. Its West Coast joint venture California Steel Industries lifted to USD 1,140 per short ton. Delivery lead times held at 3 to […]
Swedish steelmaker SSAB approved a SEK 3.3 billion (~USD 349 million) investment in a new quenching and tempering line at its Oxelösund plant, with production starting in 2030 and initial capacity of about 100,000 tonnes per year. The line will expand SSAB Special Steels’ output of Hardox 500Tuf wear steel and Armox armour steel — […]
The European Parliament gave final approval to the EU’s new steel safeguard regulation on 19 May 2026, voting 606 in favour, 16 against, with 39 abstentions, replacing the safeguard measures that expire on 30 June. The new rules cut tariff-free import quotas to 18.3 million tonnes per year, a 47 percent reduction versus 2024, and […]
India’s JSW Steel will require very little external capital to double its domestic production capacity, co-managing director Jayant Acharya told The Economic Times in remarks reported on 19 May 2026. Acharya stated Indian steel demand has grown from 100 million tonnes six years ago to roughly 160 million tonnes by the end of 2025. To […]
Iron ore CFD benchmark prices closed at USD 110.33 per tonne on 19 May 2026, down 0.19 percent day-on-day, up 3.03 percent over the prior month, and up 10.27 percent year-on-year, according to Trading Economics. The recent uptick has been supported by Chinese mill restocking, while futures softened on 15 May on high port-side inventories. […]
China’s largest steel-producing province released a modernization plan committing to certify more than 20 categories of green steel by year-end, advance 36 priority projects, and achieve breakthroughs in 25 key technologies. According to the provincial Department of Industry and Information Technology, the plan also requires the development of more than 30 new product types and […]
Tata Steel Nederland confirmed it is exploring an earlier-than-planned closure of its KGF 1 and KGF 2 coke and gas plants at IJmuiden, after the North Sea Canal Area Environmental Agency (ODNZKG) indicated its intent to revoke their operating permits. Tata noted the closure is “technically and logistically complex” given safety and environmental safeguards. The […]
Italian processor Marcegaglia raised its stainless welded pipe prices on May 18, 2026, driven by rising raw material, energy, and logistics costs, combined with CBAM pressures. This adjustment spans all structural and ornamental tubes across Europe to offset inflation. The move follows a wave of European stainless price rises after CBAM definitive-phase kick-in on 1 […]
Poland’s Military Property Agency (AMW) and state-owned coal group Węglokoks completed joint ownership of Huta Częstochowa steelworks, with the transaction finalizing 18 May 2026. This step aims to enhance state oversight of the steelworks and ensure the long-term security of production capacity for critical steel products essential to the defense sector. The proposed ownership structure […]
China launched an expanded hydrogen pilot programme covering five urban clusters under the 15th Five-Year Plan, with up to CNY 8 billion (~USD 1.17 billion) over four years and metallurgy among the priority sectors. The programme aims to reduce hydrogen prices from CNY 35–50/kg today toward CNY 25/kg by 2030. Hydrogen metallurgy currently requires CNY […]
Tata Steel reported a 125 percent year-on-year jump in Q4 FY2025/2026 consolidated net profit to ₹2,926 crore (USD ~350 million), released to the National Stock Exchange of India on 15 May 2026, with the board recommending a dividend of ₹4 (~USD 0.05/share) per equity share. Consolidated revenue rose 12.5 percent year-on-year to ₹63,270 crore (~USD […]
The December 2026 EU ETS allowance contract traded between €74 and €77 per tonne in the first half of May 2026, according to ICE settlement data, after a brief spike above €92 in January. The price stability follows EU Commission signals on adjusting the Market Stability Reserve. Quarterly CBAM certificate prices for Q1 2026 are […]
Commodity trader Glencore launched deep-water scrap-metal shipments from the EU to Türkiye in June 2026, partnering with Polish transshipment firm Lebal. Türkiye is the world’s largest ferrous scrap importer, with annual imports of 18–20 million tonnes feeding its predominantly EAF-based steel sector. The country sources from the US, EU, Baltic states, and UK. The shipment […]
European Union direct-reduced iron imports plunged 68 percent year-on-year in January–February 2026, reflecting weaker steelmaker procurement and structural delays in DRI-EAF conversions. The data follows ArcelorMittal’s halt of €1.3 billion in DRI-EAF investments at Bremen and Eisenhüttenstadt earlier in the year. Despite this, the structure of supplies continued to evolve. The EU increasingly replaced Russian […]
Ukrainian Railways (Ukrzaliznytsia) is considering sourcing rails from UK’s British Steel, an item surfaced as the UK government continues to weigh full nationalization of the Jingye-owned producer. British Steel’s Scunthorpe rails capacity remains operational, supported by UK government measures including the UK Steel Industry (Special Measures) Act 2025, as the UK weighs options for the […]
Stegra reached agreement with all lenders behind more than €4 billion in senior and junior facilities to release approximately €1.5 billion of previously blocked credit lines for its Boden hydrogen-DRI plant, layered on April’s €1.4 billion Wallenberg-led equity round. The agreement includes a payment-in-kind arrangement allowing temporary debt-funded interest payments. Senior lenders include the European […]
Sweden’s steel consumption is forecast to rise 3 percent in 2026 to 3.4 million tonnes, supported by wind-turbine replacement, defence spending and grid build-out. State-owned Vattenfall’s 2026–2030 capital plan totals SEK 165 billion (~€15.5 billion), of which approximately SEK 59 billion is allocated to new wind power. State-owned Svenska Kraftnät is channelling hundreds of millions […]
Canadian producer Algoma Steel released its Q1 FY2026 results and forward update on 13 May 2026, confirming continued progress on transitioning to electric-arc-furnace steelmaking at Sault Ste. Marie, Ontario. According to Algoma’s earlier Q1 release, the EAF transition will reduce carbon emissions by approximately 70 percent versus its legacy integrated steelmaking — equivalent to removing […]
Independent research from SNS Insider released on 14 May 2026 projects the global hydrogen pipeline market reaching USD 63.9 billion by 2035, with fixed pipelines accounting for approximately 72 percent of 2025 market share. Steel mills and refineries are among the leading hydrogen-transport demand sources. Dedicated 4-inch hydrogen pipelines are estimated at USD 0.24/kg transport […]
The European Commission published the draft CBAM implementing act on 13 May 2026, opening a four-week public consultation closing 10 June 2026, defining requirements to qualify for deductions on carbon prices paid outside the EU. The deductions mechanism ensures that carbon prices paid in international jurisdictions can be netted against EU CBAM liabilities, supporting WTO […]
Nippon Steel announced on 11 May 2026 that its net sales for the 2025/2026 fiscal year reached ¥10 trillion (USD 63.7 billion), a record high driven by the integration of US Steel. Revenue rose 15.7 percent year-on-year. However, net profit plunged 88 percent to ¥44.75 billion (USD 283 million), down from ¥383 billion a year […]
UAE-based EMSTEEL and industrial gas company Gulf Cryo signed a strategic Memorandum of Understanding to develop an integrated CCUS value chain across EMSTEEL operations. The signing took place at Make it in the Emirates 2026 in the presence of EMSTEEL Group CEO Saeed Al Remeithi and Gulf Cryo CEO Ranjith Nair. The partnership covers capture […]
University of Hong Kong researchers found a new stainless steel — SS-H2 — that resists corrosion in seawater electrolysers up to 1,700 mV, roughly double the limit of incumbent 254SMO super-stainless. The dual-passivation mechanism (chromium oxide plus manganese-based film) could replace costly titanium and platinum-gold structural components in electrolyser stacks, reducing CAPEX for hydrogen production. […]
Technosport, a leading Indian athleisure brand, has announced the launch of its revolutionary “Cotflex Collection,” a 100% Made-in-India activewear line designed to combine exceptional comfort, high performance, and significant sustainability benefits. At the core of the Cotflex Collection is the innovative Cotflex Fabric, a proprietary material developed by Technosport’s R&D team. This unique fabric offers […]
Shares of Jindal Steel and Power, Tata Steel, and other major Indian steel producers fell [1] sharply as renewed concerns over U.S. tariffs unsettled investors. The Nifty Metal index, which includes key steelmakers, emerged as the worst-performing sectoral index, reflecting broader market unease over global trade policy shifts. The downturn follows reports that the Trump […]
Nippon Steel Corp. has announced a substantial investment [1] of 868.7 billion yen to introduce electric furnaces at its domestic steel plants, marking a significant step toward decarbonization. The Japanese government, through the industry ministry, will provide up to 251.4 billion yen in financial aid to facilitate the transition from traditional blast furnaces to more […]
India’s steel ministry is advocating for an extension of import restrictions [1] on low-ash metallurgical coke, citing sufficient domestic supply as the primary reason. The move, however, has sparked concerns among steel manufacturers who argue that the curbs could hinder their expansion plans due to difficulties in sourcing preferred grades locally. The restrictions, initially imposed […]
The fashion brand Szabo Sihag, based in both London and India, is making waves by demonstrating that traditional Indian craftsmanship and sustainable practices are not just compatible, but inherently linked. Founded by Meghna Sihag and Krisztian Szabo, the label is committed to ethical production, waste reduction, and supporting local artisans across India. In an industry […]
Iran and China have signed an agreement [1] to export engineering services for the development of a sponge iron production facility in Kazakhstan, marking a significant step in regional steel industry collaboration. The project, led by Iran’s ASCOTEC Holding, will utilize Iran’s proprietary PERED technology to design and engineer a sponge iron plant with an […]
Salzgitter Mannesmann Stahlhandel GmbH, a Salzgitter AG company, has announced that it has agreed to sell its Austrian unit, Salzgitter Mannesmann Stahlhandel Austria, to the ECCO Group. As per this agreement, the ECCO Group is expected to take over assets, including its Graz and Gratkorn units in Austria. The Company stated that this decision aligns with its […]
Tata Steel UK has taken a significant step in its transition to sustainable steel [1] production by awarding a contract to JASO Industrial Cranes for the supply of high-capacity process cranes at its Port Talbot facility. This initiative is part of Tata Steel’s £1.25 billion investment in green steelmaking, aimed at reducing carbon emissions and […]
PGE and Ørsted have signed another contract [1] for the production and supply of secondary steel structures for the Baltica 2 offshore wind farm. The agreement, awarded to Grupa Przemysłowa Baltic, marks a significant step in Poland’s offshore wind energy development. Under the contract, Grupa Przemysłowa Baltic will manufacture boat landings and anode cages at […]
Online fashion retailer Shein has secured official validation of its net-zero greenhouse gas (GHG) emissions targets from the Science Based Targets initiative (SBTi). This endorsement confirms that Shein’s short- and long-term climate goals align with the SBTi’s rigorous net-zero standard, grounded in the latest climate science and the 2015 Paris Agreement objective of limiting global […]
The North Face is expanding its UK product repair offering through a new partnership with aftersales technology provider Prolong. In collaboration with its long-standing care and repair partner, ACS Clothing Ltd, this initiative aims to modernise and scale repair services with a focus on digital accessibility and customer convenience. The partnership introduces a streamlined system […]
The fashion industry is intensifying its focus on sustainable transformation, with particular attention to emerging legislative frameworks and advancements in textile innovation. This push comes as global discussions underscore the urgent need to reduce the sector’s environmental impact. Central to these efforts are developments in advanced fiber technologies. For example, Hyosung has been highlighting its […]
In response to mounting evidence of labour abuse, Italian legal and political authorities, alongside fashion industry associations and trade unions, have signed a joint action plan aimed at curbing exploitation in the country’s apparel and accessories supply chain. Italy is home to globally influential fashion houses such as Giorgio Armani, Dolce & Gabbana, Prada, and […]
Türkiye’s steel manufacturer Saritas Celik Sanayi has initiated a significant investment [1] in integrated stainless steel production, to enhance the country’s export capabilities and reduce dependency on imported materials. The new facility, located in the Yalova Machinery Specialized Organized Industrial Zone, will be developed in multiple phases, with full operational capacity anticipated by 2030. The […]
South Korea’s major steel player, Dongkuk Steel announced a temporary shutdown [1] of its Incheon rebar production plant, marking an unprecedented move in the company’s 71-year history. The decision, effective from July 22 to August 15, comes in response to a prolonged downturn in the construction sector and a persistent oversupply in the domestic steel […]
Thyssenkrupp Uhde and Uniper have formed a strategic partnership to advance a crucial technology for global hydrogen trade: large-scale ammonia cracking. This process is about breaking down ammonia catalytically at high temperatures into hydrogen and nitrogen, followed by purification to produce pure hydrogen. As an initial phase, the companies will construct a demonstration plant at […]
Rome has solidified its status as a global leader in sustainable fashion with the inauguration of the Phygital Sustainability Expo®, held at the historic Trajan’s Market. Organized by the Sustainable Fashion Innovation Society, this premier event showcases Italy’s commitment to eco-conscious fashion, drawing over 2,000 sustainable brands and key stakeholders from across Europe. The expo […]
Arabian Gulf Steel Industries (AGSI) has entered into a strategic Memorandum of Understanding (MoU) with Trojan Construction Group to fast-track the use of low-carbon materials and eco-friendly construction methods in the UAE. The agreement was signed at Make it in the Emirates 2025, underscoring the two companies’ shared dedication to supporting the UAE’s decarbonisation goals and […]
U.S. President Donald Trump has publicly backed Nippon Steel’s $14.9 billion bid [1] for U.S. Steel, but key uncertainties remain regarding the scope and structure of the deal. Trump’s comments, made via Truth Social, described a “planned partnership” between the two companies, promising the creation of at least 70,000 jobs and a $14 billion boost […]
The India Supreme Court has ordered a status quo on the liquidation proceedings [1] of Bhushan Steel & Power Ltd (BPSL), providing JSW Steel an opportunity to file a review petition against the court’s earlier ruling. The decision comes after JSW Steel challenged the Supreme Court’s May 2 verdict, which had rejected its ₹19,700 crore […]
Japanese sportswear brand Asics has announced it will cease sourcing kangaroo leather for its footwear, following in the footsteps of German brand Adidas, which recently confirmed it had ended the use of the material in its football boots. In a statement shared with Animal Wellness and the Center for a Humane Economy, Asics’s sustainability department […]
The Executive Board of thyssenkrupp AG has made significant progress in developing a strategic target model for the future course of the entire Group and will present its plans to the Supervisory Board of thyssenkrupp AG before the end of this fiscal year. The central strategy involves systematically divesting all business units of thyssenkrupp, making […]
Google has launched AI Mode, an advanced AI-powered shopping solution designed to simplify and personalise every stage of the online buying journey. By integrating the capabilities of its Gemini model with the expansive Shopping Graph, Google delivers a more intelligent, intuitive approach to browsing, comparing, and purchasing products. At the heart of this innovation is […]
In the ever-evolving world of sustainable fashion, red aloe vera has emerged as an unexpected but highly promising innovation. Known primarily for its medicinal and cosmetic uses, this vibrant variant of the aloe plant is now gaining traction in the textile industry. As the fashion world continues to seek out alternatives to water-intensive and environmentally […]
The stainless steel industry is anticipated to face ongoing difficulties throughout 2025, with no significant market recovery expected in the near term due to seasonal demand lows and persistently weak prices, according to reports on Kallanish. Joost van Kleef, chairman of the BIR Stainless Steel & Special Alloys Committee and representative of Oryx Stainless, shared […]
Japan Steel Works (JSW) is set to commence local production [1] of the Patria AMV 8×8 wheeled armored vehicle in September, marking a significant milestone in Japan’s defense manufacturing capabilities. The initiative follows a technology transfer agreement with Finnish defense firm Patria, which selected JSW as its licensed production partner. The Patria AMV was chosen […]
South Africa’s Council for Scientific and Industrial Research (CSIR) has successfully produced [1] 316L stainless-steel powder using a newly commissioned ultrasonic atomizer machine, marking a significant step toward localizing additive manufacturing (AM) materials. The machine, co-funded by the National Research Foundation (NRF), enables CSIR to provide high-quality metal powders tailored for powder bed fusion techniques, […]
According to provisional government data reviewed by Reuters on Thursday, India’s finished steel imports dropped by 11.3% year-on-year in April, reaching 0.5 million metric tons, as shipments from China and Japan declined. To counter a flood of low-cost steel imports, primarily from China, India imposed a 12% provisional safeguard duty on select steel imports in […]
Liberty Steel has not produced anything at two of its key UK plants since July, in a sign of the deep financial difficulties for Britain’s third-biggest steelmaker as it looks for rescue funding. The plants at Rotherham in South Yorkshire and Motherwell in Scotland have not produced any steel for about nine months because of […]
Cambridge-based start-up Sparxell has secured €1.9 million in funding from the European Innovation Council (EIC), a significant endorsement of its pioneering plant-based colourant technology. The EIC award supports disruptive innovations with global impact, positioning Sparxell to tap into the $48 billion global colourants market. The funding will enable the company to scale up to tonne-level […]
The UK’s used textiles sector is on the brink of collapse, prompting warnings from environmental NGO WRAP about escalating costs and environmental consequences. Currently, textile collectors and sorters spend £88 million annually managing worn-out clothing. Should the sector fail, local authorities could face an additional £64 million per year in disposal fees, on top of […]
SBM Offshore has officially commenced fabrication of the GranMorgu floating production, storage, and offloading (FPSO) vessel, marking a milestone [1] in Suriname’s first offshore oil development. The first steel cut ceremony took place at BOMESC Shipyard in Tianjin, China, signaling the start of topsides module construction. The GranMorgu FPSO is being developed for TotalEnergies’ $12.2 […]
Shares of BMW Industries witnessed a sharp rally of nearly 12% in Wednesday’s intraday trading after securing a significant order worth ₹364.69 crore from Tata Steel. The steel processing company’s stock surged to ₹59.7 per share, marking its biggest intraday gain since May 5, before settling 4.5% higher at ₹55.8 apiece. The contract, awarded to […]
Nyana Nyana Eco Fashion, an Indonesian-Singaporean social enterprise, is spearheading a sustainable fashion movement by reviving traditional batik using eco-friendly practices. Recognizing the environmental harm caused by synthetic dyes and fabrics, the brand emphasizes the use of certified organic textiles, natural plant-based dyes, and upcycled materials, collaborating closely with rural artisans across Java and Singapore. […]
Kornit Digital Ltd., a global leader in sustainable, on-demand digital fashion and textile production technologies, has announced a strategic partnership with MAS Holdings through its subsidiary MAS ACME USA—a comprehensive supply chain orchestration hub based in North America, serving sustainable fashion and apparel brands. This agreement empowers MAS customers, retailers, and brands to embrace data-driven […]
JSW Steel has formally requested a ₹19,300 crore refund from banks [1] following the Supreme Court’s decision to cancel its 2019 acquisition of Bhushan Power and Steel Ltd. (BPSL). The ruling, issued earlier this month, cited multiple compliance failures and directed the liquidation of BPSL. JSW Steel has also sought a 60-day delay in the […]
NMDC Group, a leading global player in engineering, procurement, construction (EPC), and marine dredging, has entered into a Memorandum of Understanding [1] (MoU) with Jiangsu Juxin Petroleum Steel Pipe to explore potential collaboration. The agreement, signed during the Make it in the Emirates (MIITE) event, aligns with the UAE’s broader industrial growth strategy and strengthens […]
Engineer Saeed Ghumran Al Remeithi, Group CEO of EMSTEEL, announced that the company has added around AED 6.2 billion to Abu Dhabi’s Gross Domestic Product (GDP). In statements to the Emirates News Agency (WAM) during the Make it in the Emirates 2025 forum, Engineer Saeed Ghumran Al Remeithi, Group CEO of EMSTEEL, highlighted the company’s substantial role […]
Green energy downsizing won’t derail Fortescue’s transition, according to Forrest. Andrew Forrest, Fortescue’s billionaire chairman, cautions that Chinese firms are modernizing plants and shifting to cleaner iron ore, leaving Australian miners vulnerable if they don’t adapt. As the major shareholder of Australia’s third-largest iron ore producer behind BHP and Rio Tinto, Forrest notes all three […]
French luxury fashion house Balenciaga has appointed Pierpaolo Piccioli as its new creative director, effective July 10, 2025. This marks a significant shift for the brand following the departure of Demna, who is set to join Gucci. Piccioli, renowned for his 25-year tenure at Valentino, where he served as sole creative director from 2016 to […]
India is now responsible for over 40% of global steelmaking capacity in development (352 mtpa) compared to just 140 mtpa in China. Analysis shows India’s planned steel capacity, which is larger than China’s and the EU’s combined, must leverage EAF and DRI to keep industry emissions within climate targets. A recent analysis shows that electric […]
Nippon Steel has outlined plans to invest $14 billion [1] in U.S. Steel’s operations, including up to $4 billion for a new steel mill, as part of its ongoing bid to secure approval for a merger with the iconic American steelmaker. The Japanese company’s latest investment pledge comes ahead of a crucial national security review […]
Aldar has made history as the first developer in the Middle East and North Africa (MENA) region to integrate hydrogen-based steel rebar [1] into its construction projects. This groundbreaking move, in partnership with EMSTEEL Group, marks a significant step toward decarbonizing the built environment and advancing sustainable construction. The hydrogen-based steel rebar will be used […]
India’s ambitious plans to double steel production [1] by 2030 could severely undermine national and international climate goals, according to a new report by Global Energy Monitor (GEM). The findings highlight the country’s overwhelming reliance on coal-based steelmaking, raising concerns about its ability to curb carbon emissions in line with global efforts. Steel production is […]
Kobe Steel and Mitsubishi UBC Cement Corporation (MUCC) have partnered to explore the feasibility of producing black pellets—a cutting-edge raw material and fuel with the potential to drastically cut CO₂ emissions. According to reports, Black pellets are made by thermally treating conventional wood pellets (known as white pellets), transforming them into a high-energy fuel with […]
Circ, a textile recycling innovator and partner of environmental non-profit Canopy, has secured €450 million ($500 million) in funding from the French government and the European Union to establish the world’s first commercial-scale polycotton recycling facility. The plant will be built in Saint-Avold, north-eastern France, and is scheduled to begin operations in 2028. The facility […]
