Jindal Stainless, India’s top stainless steel producer, has partnered with AB Energia Solutions Pvt. Ltd., a prominent clean energy solutions provider, to implement a groundbreaking solar power project at its Jajpur, Odisha facility. This initiative, now operational, is the largest captive solar plant within a single industrial site in Odisha, boasting an installed capacity of […]
Princess Anne, known for her timeless elegance and practical style, once again demonstrated her commitment to sustainable fashion at the Easter service in Windsor. The Princess Royal made a statement by re-wearing a striking green coat that has been a staple in her wardrobe for over a decade. The coat, first seen in 2013, features […]
In celebration of Earth Day, Global Fashion Agenda (GFA) has announced the development of a second season of its acclaimed film series Fashion Redressed, produced in partnership with BBC StoryWorks, the commercial content arm of BBC Studios. Scheduled to launch in early 2026, the new season will delve into the fashion industry’s ongoing transformation—from pledges […]
India’s steel imports surged [1] to 10.1 million tonnes in FY25, the highest level since FY16, according to provisional data from market analytics firm BigMint. The increase, driven by an influx of finished flat-steel shipments, has once again turned India into a net steel importer. Rising shipments from South Korea, China, and Japan have contributed […]
According to Eurostat data’s analysis, France’s steel industry recorded a notable increase [1] in exports of rolled metal products to third countries, increasing by 16.9% year-on-year to 158.21 thousand tons in January 2025. Compared to December 2024, exports also saw a strong 24.9% month-on-month rise. Exports of long products surged significantly, rising 57.4% y/y and […]
Vestiaire Collective, a luxury resale marketplace, has introduced a new ranking algorithm that calculates a product’s value using sales, five-year resale value growth, goods sold, likes, searches, and price offers. The study examines the brands, pieces, and main trends driving the resale market for the season using historical data and proprietary algorithms. Aiming to aid […]
India has plans to impose a new temporary tariff of 12% on steel imports, locally called the safeguard duties, intending to control the increase in cheap imports from China and elsewhere. One of the sources told Reuters on Monday that the government is set to enact the tax as soon as possible. Last month, as […]
Thailand’s Industry Ministry is moving to phase out certification [1] for steel produced using Induction Furnace (IF) technology, citing persistent concerns over quality control and environmental impact. The decision follows investigations revealing that IF steel often falls short of industry standards, raising alarms among regulators and prompting government intervention. Industry Minister Akanat Promphan announced that […]
Hyundai Motor Group and Posco Group have strengthened their collaboration [1], signing a memorandum of understanding on Monday to deepen cooperation in steelmaking and secondary battery materials. The move comes as both South Korean conglomerates seek to navigate shifting trade dynamics in response to rising U.S. tariffs on steel and automobiles. The agreement was formalized […]
Hermès has overtaken rival LVMH in market capitalisation, marking a significant shift in Europe’s luxury landscape. On Tuesday morning, Hermès reported a market value of €248.2 billion, narrowly surpassing LVMH’s €246.8 billion. The milestone crowns Hermès as the most valuable luxury brand in Europe and on France’s CAC 40 index—fifteen years after LVMH’s failed stealth […]
In the search for sustainable alternatives to conventional leather and plastic-based textiles, shiringa bio-leather has emerged as an innovative material rooted in Amazonian tradition and Indigenous knowledge. Derived from the latex sap of the Hevea brasiliensis tree (commonly referred to as shiringa), this material offers insight into how natural resources can be harnessed responsibly for […]
The European Commission has outlined a 2025–2030 work plan under the Ecodesign [1] for Sustainable Products Regulation (ESPR) and Energy Labelling Regulation, placing steel among the priority sectors for new sustainability requirements. The initiative expands the regulatory framework beyond energy efficiency to include mandates for durability, repairability, and recyclability, aiming to reduce environmental impact and […]
Hoa Phat Group has officially commenced construction on a steel manufacturing facility [1] in Vietnam, set to produce high-grade railway rails for the first time in the country. The announcement came during the group’s annual general meeting (AGM) on April 17, where chairman Tran Dinh Long confirmed the project’s total investment of VND14 trillion ($556 […]
The collaboration is aimed at paving the way for large-scale imports of liquid hydrogen into Europe. It was signed during the state visit of His Majesty the Sultan of Oman to the Netherlands, in the presence of Reinette Klever, the Minister of Foreign Trade. The agreement was signed by a total of eleven parties, including […]
Global fashion advocacy group Fashion Revolution has launched its annual Fashion Revolution Week, taking place from 22 to 27 April under the theme ‘Think Globally, Act Locally.’ The global campaign urges major fashion brands to drastically improve transparency across their supply chains and to reaffirm their commitment to environmental and social responsibility. Now active in […]
Tenova, an Italian firm under the Techint Group and a provider of advanced solutions for the metals and mining industries, has recently announced a strategic partnership with Finland’s Coolbrook, a leader in transformational engineering and technology. Together, they aim to develop integrated solutions combining their respective technologies to enable carbon-free production of iron, steel, and […]
Designer Vino Supraja, recognized for bringing Therukoothu on the global stage, has been honored as a Global Sustainable Fashion Trailblazer at the British Parliament. Vino Supraja, affectionately known as the People’s Designer, is well known for collaborating with Bavani Jamakkalam weavers and showing her Purisai Therukoothu collection at London Fashion Week 2023. This honor was […]
Rio Tinto has partnered with AMG Metals & Materials (AMG M&M), an energy transition solutions company supported by the founders of Greenko and AM Green, to evaluate the viability of creating an integrated low-carbon aluminium facility in India, powered entirely by renewable energy. The two companies have signed a Memorandum of Understanding (MOU). This partnership […]
China’s crude steel production [1] surged to a 10-month high in March, registering a 4.6% increase from the previous year, according to data from the National Bureau of Statistics (NBS). The world’s largest steel producer manufactured 92.84 million metric tons last month, the highest output since May 2024. Analysts attribute the rise to improved profit […]
ArcelorMittal Nippon Steel (AM-NS) has announced a massive investment [1] of ₹2.6 lakh crore ($30 billion) in India over the next decade, aiming to boost its steel production capacity significantly. The joint venture, which currently produces 9.6 million tonnes per annum (MTPA), plans to expand this to 15.6 MTPA by the end of the fiscal […]
The “Cotton Lives On” recycling program is strongly urging UK fashion designers and retailers to join its growing sustainability project in an effort to combat textile waste and assist marginalized populations. The free initiative, which was started in 2022 by Cotton Council International and Cotton Incorporated, provides a workable approach to keep waste cotton out […]
Shahi Steel, the Bosnian unit of Turkish steel structures manufacturer Sahi Celik, has officially opened a new production plant in the city of Gradacac, according to the chamber of economy of Tuzla Canton (KPKT). The investment is expected to strengthen Bosnia’s industrial sector and attract further foreign investment. Shahi Steel specializes in the production of […]
China’s crude steel production surged in March [1], reaching its highest monthly level in nearly a year, as steelmakers ramped up output in response to favorable profit margins, strong export demand, and resilient manufacturing activity. The world’s largest steel producer manufactured 92.84 million metric tons of crude steel last month, marking a 4.6% increase from […]
Animal rights organisation PETA (People for the Ethical Treatment of Animals) has intensified its longstanding campaign against luxury conglomerate LVMH, urging the group to eliminate the use of real fur and exotic animal skins across its brand portfolio. Ahead of LVMH’s annual shareholders’ meeting on 17 April, PETA—an LVMH shareholder—is again calling on CEO Bernard […]
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 […]
UNIFI, a global leader in recycled and synthetic yarns, has launched REPREVE with CiCLO® technology—a biodegradable recycled polyester and nylon designed to address the growing issue of microplastic pollution. Developed in collaboration with Intrinsic Advanced Materials, LLC, a joint venture between Parkdale Advanced Materials, Inc. and Intrinsic Textiles Group, LLC, this innovative fiber incorporates a […]
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy leader, and PT PLN (Persero), Indonesia’s state-owned electricity company, have signed two agreements for the advancement of the floating solar power projects for the largest energy market in Southeast Asia. The two companies also signed a ‘Principles of Agreement’ for the potential expansion […]
The UK government has taken decisive action to exclude China [1] from its steel industry, following emergency legislation passed on Saturday to secure control of Chinese-owned British Steel. Business Minister Jonathan Reynolds announced the move on Sunday, citing national interests and economic stability. The decision came after China’s Jingye Group declined a £500 million ($654 […]
The UK government officially took control of British Steel [1] after the Steel Industry (Special Measures) Act received Royal Assent, marking a pivotal moment in the nation’s industrial policy. The emergency legislation, passed in a rare Saturday sitting of Parliament, grants the business secretary sweeping powers to manage British Steel and other steel assets, ensuring […]
The Centre has permitted ArcelorMittal Nippon Steel India (AM/NS India) to import an extra 71,500 metric tonnes of low ash metallurgical (LAM) coke from Poland, exceeding existing import restrictions. The decision came after the company warned that the curbs were disrupting its steel production, according to Moneycontrol. The exemption highlights industry concerns over supply constraints affecting […]
Trove, a U.S.-based leader in resale and customer trade-in solutions, has acquired Reverse.Supply, a German firm recognised for its leadership in the European branded resale sector. The acquisition marks a pivotal move in Trove’s international growth strategy, combining its robust technology platform with Reverse.Supply’s regional expertise to create a seamless, scalable resale infrastructure across 30 […]
Hammerwerk Erft G. Diederichs GmbH & Co. KG signed a partnership with Germany’s GMH Gruppe for the use Green Power Premium Steel from Georgsm. arienhütte (GmbH) marking a pivotal role in climate-neutral methods. Georgsmarienhütte GmbH, a company of the GMH Group has supplied its first shipment of 120 tons of Green Power Premium Steel to […]
Tata Steel [1] shares surged by 6% on Friday, April 11, reaching an intraday high of ₹134.95 per share on the Bombay Stock Exchange (BSE). The sharp rise followed Tata Steel Nederland’s request for advice to the Central Works Council to initiate consultation on key aspects of its transformation program. As of 9:29 AM, Tata […]
Thai authorities have intensified their investigation [1] into Xin Ke Yuan (SKY) Steel Ltd, confiscating servers from the company’s factory in Ban Khai district, Rayong province. The move comes after the company failed to submit documents detailing its steel manufacturing process by the April 10 deadline, raising concerns over its compliance with safety standards. The […]
Refiberd, a California-based fashion tech start-up, was recently named eBay’s first-ever Circular Fashion Innovator of the Year. This accolade cements Refiberd’s position as a rising force in the push for a more sustainable fashion industry. But who exactly is Refiberd, and how is it transforming textile waste into a circular opportunity? Founded in May 2020 […]
In a move that could revolutionize how consumers access information about their clothing, the American Apparel & Footwear Association (AAFA) has formally petitioned the Federal Trade Commission (FTC) to allow digital labels on apparel and footwear. This initiative has garnered significant support from prominent brands including Ralph Lauren and Patagonia signaling a potential shift away […]
Prime Minister Keir Starmer said that Britain is to pass emergency laws on Saturday to keep the blast furnaces from British Steel open to save the country’s steel-making capability and thousands of jobs. British Steel employs 3,500 people at its Scunthorpe plant and supports more in the supply chain. The government said that the company […]
U.S. President Donald Trump has opposed Nippon Steel’s [1] $14 billion bid to acquire U.S. Steel Corp, stating he does not want the American steel producer to be sold to Japan. His remarks have added uncertainty to the deal, which has already faced significant political and legal challenges. Trump’s comments appear to contradict recent actions […]
The Northern India Textile Research Association (NITRA) and the CSIR–National Botanical Research Institute (NBRI) in Lucknow have signed a Memorandum of Understanding (MoU) to boost sustainable innovation in India’s textile sector. The collaboration will focus on a detailed genomic analysis of Asclepias, or milkweed, a native plant with significant potential as a source of eco-friendly […]
Shein, the China-founded fast-fashion giant, has received approval from the UK’s Financial Conduct Authority (FCA) for a potential initial public offering (IPO) in London—a key step in its long-anticipated public listing. The approval follows a confidential filing with the FCA in June 2023. Despite this progress, Shein faces significant challenges. Chief among them is global […]
Sydney-based Greensteel Australia has taken a significant step toward establishing a low-carbon steel mill, finalizing a $1.6 billion infrastructure order with global steelmaking leader Danieli Group. They signed a contract with them to purchase stages two and three of its proposed low-carbon steel mill. Sydney-based Greensteel has identified Whyalla as its top choice for the […]
The Baldota Group, a renewable energy company, announced on Thursday its plans to enter into the steel sector investing Rs 54,000 crore for a project in Karnataka with up to 10.5 million tonnes (MT) of production capacity. Nagaraj N B, Vice President of the Integrated Steel Project, in a company statement, stated that the greenfield project will […]
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. […]
Blastr Green Steel (Blastr) has signed a Memorandum of Understanding for the yearly supply of ultra-low CO₂ steel with Vogten Staal, a European steel service center. Vogten’s production lines are located in Maastricht, the Netherlands, with excellent connections for river, rail, and road transport. This marks Blastr’s third offtake agreement in under four months, driving a significant […]
Under Armour, in collaboration with Unless – the world’s first entirely plant-based, zero-plastic regenerative fashion brand – unveiled a pioneering sportswear collection on Tuesday at Milan Design Week. Crafted exclusively from plant-derived materials, the collection is engineered to decompose naturally at the end of its life, offering a radical alternative to synthetic-based apparel. This initiative […]
Humana People to People Romania has announced the launch of Humana Hub, an innovative platform designed to foster connection and collaboration around sustainable fashion. Recognizing the urgent need for a more environmentally conscious approach to clothing, Humana Hub aims to unite individuals, industry professionals, and creative thinkers in the pursuit of a more responsible fashion […]
Abu Dhabi Port Group has announced the signing of a 10-year lease agreement with TW Steel, a provider of prefabricated structures to offer advanced containerized fabrication solutions, as well as maintenance and repair services for containers at Khalifa Port. These solutions and services aim to provide flexible and sustainable solutions designed to meet the needs […]
Tata Steel’s share price has plummeted [1] over 30% from its 52-week high, raising concerns among investors about whether to buy, sell, or hold their positions. The decline comes amid tariff uncertainties and a 5% drop in consolidated steel production, which fell to 7.45 million tonnes in Q4 FY25, largely due to restructuring efforts in […]
U.S. President Donald Trump has directed the Committee on Foreign Investment in the United States (CFIUS) to reexamine Nippon Steel‘s [1] bid to acquire U.S. Steel. This decision comes after the deal was previously blocked by former President Joe Biden on national security grounds. The presidential memorandum calls for a detailed review to determine whether […]
Indian metal stocks witnessed a sharp decline [1], with Tata Steel and other major players tumbling by up to 19% as global trade uncertainties and growth concerns rattled investor sentiment. The downturn was triggered by fears surrounding the impact of reciprocal tariffs imposed by the U.S. on steel and aluminum imports, which have raised doubts […]
Rice University recently sponsored inThread’s second annual fashion event, which celebrated the organization’s objective of practicing sustainable design while also highlighting the development of local talent. The group is Rice University’s student fashion and sewing club. The runway exhibition featured designers across Houston, including students from Houston Community College’s well-regarded fashion design program. Perforations, this […]
Tata Steel has moved the Bombay High Court [1] after receiving a reassessment order that increases its taxable income for the financial year 2018-19 by over Rs 25,000 crore. The company argues that the reassessment is flawed and has challenged the order on both technical and legal grounds. The reassessment stems from a show-cause notice […]
Solar power is setting out an opportunity for the companies in steel sector to reduce their production cost, potentially saving up to 10% in some operations according to reports by Energy think tank Ember. The report says that the greatest benefits are observed in the standalone electric arc furnace( EAF) used in steel making, using […]
Asian spot market prices for nickel ore, nickel pig iron, and stainless steel showed resilience. Meanwhile, over 50 countries have expressed interest in discussing trade policy adjustments with the U.S. government. The impact of the introduction of reciprocal US tariffs last week has affected the nickel and iron ore market, with spot market prices for […]
American cashmere label Guest In Residence, founded and helmed by supermodel Gigi Hadid, has launched a limited-edition collaboration with Atlanta-based designer Nigel Xavier—winner of Netflix’s Next in Fashion Season 2 and renowned for his intricate patchwork and textile manipulation. The exclusive capsule collection, available only at the brand’s Bond Street flagship in New York City, […]
LIBERTY Steel’s submission to the UK Steel Strategy consultation has proposed decisive Government action calling for strong government intervention through strategic demand-side measures, enhanced cost competitiveness, and co-investment initiatives, to reverse the long-term decline in UK steel production and set the industry on a sustained upward trajectory. One of the main aspects of the new […]
Google has joined the Sustainable Steel Buyers Platform (SSBP), a partnership of various corporations organised by the US-based energy and sustainability non-profit organization RMI. SSBP includes major tech firms Meta, Microsoft, and Amazon as members. Including Google, the platform now has eight major backers. The intention of this Alliance, under SSBP, is to bring together […]
The LYCRA® brand, globally recognized for its innovation in stretch and comfort, is taking bold steps to lead the future of sustainable fashion. Since its introduction in 1958, LYCRA® fiber has transformed the textile industry, making garments more comfortable, flexible, and durable. Today, the brand is combining its legacy of innovation with a strong commitment […]
Amsterdam Fashion Week (AFW) and Copenhagen Fashion Week (CPHFW) have announced a strategic partnership to advance sustainable fashion. As part of this collaboration, AFW will implement CPHFW’s Sustainability Requirements for its official September shows, beginning with a one-year pilot phase. During this period, approximately 30 brands will be assessed against these standards before full adoption […]
Vietnam has announced temporary anti-dumping tariffs [1] on certain galvanized steel imports from China and South Korea, aiming to protect its domestic steel industry from unfair competition. The Ministry of Industry and Trade confirmed that the tariffs will take effect on April 16 and remain in place for 120 days. Under the new measures, Chinese […]
Germany’s steel industry is facing growing uncertainty as indirect steel exports [1] to the United States reached 2.4 million tons, according to Wirtschaftsvereinigung Stahl (WVStahl), the German Steel Federation. The figure highlights the significant role of steel-intensive products, such as machinery and automotive components, in transatlantic trade. The announcement comes after concerns over new US […]
Founded in 2018, Fairly Made® is a French green technology scale-up reshaping the fashion industry through transparency, sustainability, and ethical accountability. By delivering advanced, data-driven solutions, the company enables brands to trace the origins of their materials, assess environmental and social impacts, and enforce fair labour standards. Its mission is to drive responsible sourcing and […]
Fashion students from De Montfort University Leicester (DMU) have partnered with Age UK to promote sustainable fashion practices. The ‘Refound’ project challenged students from DMU’s BA in Fashion Communication and Styling to reimagine and create new futures for pre-loved items sourced from the charity’s shop. Eleven students participated, transforming objects they found at the Age […]
Higher Power Output from the Hydrogen Internal Combustion Engine and Greener Shipbuilding Steel – TSUNEISHI SHIPBUILDING Co., Ltd. has launched Japan’s first tugboat powered by a hydrogen internal combustion engine (ICE), marking a major milestone in sustainable maritime technology. This ship was launched on March 28, 2025, from the TSUNEISHI Factory. It features a high-performance […]
Gabriela Hearst, the luxury fashion house, has introduced its inaugural sustainable sneaker, The Ohio, reflecting the brand’s dedication to superior craftsmanship and reduced environmental impact. Unveiled at the Spring/Summer 2025 runway show, this sneaker merges eco-conscious innovation with timeless style. Meticulously handcrafted in Italy, The Ohio boasts a rubber sole incorporating 30% recycled materials and […]
For the pioneering future of sustainable development, ARS Steel has successfully set a milestone for India’s construction industry, showcasing its dedication to net-zero targets through sustainable building practices and innovative technology by delivering India’s first green TMT bar to Trimetro Group for the construction of Epic Group’s state-of-the-art manufacturing facility in Bhubaneswar, Odisha. Epic Group […]
Iron ore prices faced downward pressure [1] following the announcement of fresh U.S. tariffs on steel imports, raising concerns over global trade disruptions. However, resilient demand for steel, particularly in China, helped cap losses, preventing a sharp decline in iron ore futures. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) ended […]
Liverpool is looking to position itself as a major player in the global steel industry following a record-breaking year for imports [1]. The Port of Liverpool, operated by Peel Ports Group, processed an unprecedented 702,000 tonnes of bulk steel in 2024, surpassing its previous record by 50,000 tonnes. The steel imports, sourced from South Korea, […]
Goodwill Industries of the Chesapeake is set to host “Secondhand & Sustainable: The Ultimate Wardrobe Refresh Workshop” this April, aiming to promote sustainable living through practical fashion knowledge. The event, scheduled for Saturday, April 19, 2025, will take place simultaneously at locations in Ellicott City and Towson, Maryland. The workshop’s agenda is designed to provide […]
Thailand-based Xin Ke Yuan Steel is currently under investigation [1] after its deformed steel bars failed to meet safety standards, raising concerns about construction integrity. The company, which operates in Rayong Province, was previously ordered to shut down in December 2024 due to substandard steel production. However, recent inspections suggest that its steel may have […]
Liaoning Province-based steelmaker Lingyuan Iron and Steel Co., Ltd., a subsidiary of Ansteel Group, has reported a net loss [1] of RMB 1.678 billion ($0.23 billion) for 2024, marking a significant increase from its RMB 681 million loss in 2023. The company’s operating revenue for the year stood at RMB 18.097 billion ($2.5 billion), reflecting […]
CEO of Arcelor Mittal, Lakshmi Mittal, is considering relocating from the UK following recent tax changes that eliminate long-term advantages for non-domiciled residents. Mittal, residing in the UK for nearly 30 years, could become one of the highest-profile entrepreneurs to relocate as a consequence of these reforms. Having lived in the UK for almost three […]
Thyssenkrupp Materials Processing Europe will offtake up to 100,000 tonnes of hydrogen-based flat steel per year from Hydnum Steel’s planned plant in Puertollano, Spain. Under a seven-year agreement, Hydnum’s green steel will support Thyssenkrupp’s efforts to decarbonize its supply chains in the automotive, construction, and appliance industries. As one of the world’s leading mill-independent materials […]
South Korea’s exports expanded for the second consecutive month in March, though the growth fell short of market forecasts, indicating a potential weakening in the economic outlook, as manufacturers face heightened uncertainty due to the global trade tensions sparked by U.S. President Donald Trump’s tariff policies. New U.S. tariffs on automobiles will begin this week, and Trump […]
Tinder is helping singles turn the page on past relationships with its innovative “ExCycle” program. The initiative encourages users to transform clothing from former partners into fresh, stylish outfits, offering a sustainable and emotionally cathartic way to deal with post-breakup baggage. In collaboration with designer Sami Miró, Tinder’s ExCycle debuted in New York City, where […]
A recent report reveals that the UK has become the largest e-commerce market for plastic delivery bags among major European economies.Since the introduction of the 5p plastic bag charge in 2015, usage in physical stores has plummeted by 98%. However, the rise of online shopping is driving a surge in plastic delivery bags, with usage […]
The steel industry, responsible for 7% to 9% of global carbon emissions, is under increasing pressure to decarbonize [1] as nations push toward net-zero targets by 2050. A major hurdle in reducing steel productions’ emissions lies in the iron ore-to-crude steel process, which currently relies heavily on coal, accounting for 80% of steel-related emissions. However, […]
China’s stainless steel crude steel production saw a notable increase [1] in March 2025, driven by industry expectations for peak seasonal demand and high raw material costs. However, production slightly declined in April due to environmental regulations and equipment maintenance. In March, domestic stainless steel production surged by 19.02% month-on-month (MoM) and 12.67% year-on-year (YoY). […]
Among the structural steel bars used in the construction of the State Audit Office building in Bangkok’s Chatuchak district, a sample from one supplier failed to meet the required standards (1). Thitipas Chotedechachainan, the Industry Minister’s aide, issued this statement following the collapse of a 30-story building during Friday afternoon’s earthquake, which caused numerous injuries, […]
The Delhi High Court has dismissed requests [1] from JSW Steel and Trafigura to clear shipments of low-ash metallurgical coke (met coke), a key raw material for steelmaking. The decision follows India’s recent policy of supporting domestic suppliers and imposing curbs on met coke imports. The policy, introduced in January, includes country-specific quotas and has […]
Hydefy is revolutionising material design with its fungi-based solutions, now offering a groundbreaking option for the fashion, automotive, and interior design industries. Developed with performance and innovation at its core, Hydefy’s premium material presents a durable, sleek alternative to traditional animal- and plastic-derived leather. Crafted to withstand daily use yet refined for a luxurious finish, […]
The future of British Steel hangs in the balance as unions and industry leaders urge the UK government to consider nationalisation [1] if a deal cannot be reached with its Chinese owners, the Jingye Group. The proposed closure of two blast furnaces at the Scunthorpe plant has sparked fears of significant job losses, with up […]
Fast fashion refers to a business model that emphasises the rapid production of inexpensive clothing that mirrors current fashion trends. This approach allows consumers to access trendy apparel at affordable prices, often resulting in garments being worn only a few times before disposal. While this model prioritises speed and cost efficiency, it often comes at […]
There have been discussions amongst the Union and State Governments for a comprehensive action plan to expand the Visakhapatnam Steel Plant (VSP). A member of the Union Ministry of Steel held a meeting with the Chief Minister (CM) N. Chandrababu, for delegating this initiative on Monday. The discussions mainly focused on the follow-up actions required […]
The Global Fashion Agenda has launched a new podcast series ‘Upstream Circularity podcast’ that explores the technological and institutional obstacles hindering the widespread implementation of textile recycling in the fashion sector, coinciding with increasing regulatory pressure in global markets. In three parts, the Upstream Circularity Podcast explores how the industry might turn textile waste into […]
The brewing industry is bracing [1] for significant cost increases following the implementation of new steel tariffs by the U.S. government. The 25% tariffs, which apply to imported steel and aluminum, are expected to impact breweries of all sizes, particularly small and independent craft brewers. Steel are essential material in the brewing process. Breweries rely […]
An MIT-startup has developed a breakthrough method to produce steel commercially using electricity instead of carbon-heavy blast furnaces to commence the beginning of decarbonization in a significantly carbon-intensive industries. Boston Steel’s industrial-scale production facility can make a ton of steel per month using a molten oxide electrolysis (MOE). However, if powered by renewable energy, it […]
ArcelorMittal Nippon Steel India (AM/NS) said on March 28 that the joint venture company has started the land acquisition process in Andhra Pradesh to establish an integrated steel plant in the state. The initial payment has been made, for acquiring the land in Anakapalli district, and is expected to own it soon, for the company […]
