News

UK rushes through emergency laws to nationalize British Steel

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 […]

Trump Opposes Nippon Steel’s Bid for U.S. Steel

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 […]

NITRA and NBRI Partner to Study Eco-Friendly Fibre Production from Milkweed

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 Cleared for UK IPO

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 […]

Greensteel signs new deal $1.6b steelmaking infrastructure with Whyalla

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 […]

Baldota Group to Invest ₹54,000 Crore in Steel Plant

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 to cut around 20% of Dutch workforce

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 […]

Circular Fashion in Motion

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 […]

UN and Swedish School Collaborate on Sustainable Tour Guide Uniforms 

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 […]

British Steel Nears Shutdown as Nationalisation Debated

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 […]

Concerns Grow as British Steel Face a Critical Shortage of Materials

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 Steelmakers Urge Swift Implementation of EU Steel Action Plan

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 […]

US Suspends 26% Tariff on India Until July 9, Baseline Tariffs and Steel Levies Remain

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 and Vogten Staal join forces

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 Goes Regenerative

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 Launches Humana Hub: A Platform for Sustainable Fashion

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 […]

AD Ports Group signs with TW Steel

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 Investors Scramble Weather to Buy, Sell, or Hold, as Share Price Falls Over 30%

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 […]

Trump Orders Fresh Review of Nippon Steel’s Bid for US Steel

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 […]

Tata Steel, Metal Stocks Plunge Amid Trade War Concerns

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’s inThread, Showcases Sustainable Design and Local Talent 

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 Challenges Rs 25,000 Crore Tax Reassessment in Bombay High Court

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 to save up cost in steelmaking, Ember Reports

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 […]

Stainless steel, nickel pig iron, and ores remain resilient

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 […]

From Upcycled to Unmissable

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 proposes new measures for UK steel production and Investment

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 joins the SSBP

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 […]

LYCRA® : Blend of Sustainability and Fashion

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 […]

AFW Adopts CPHFW Green Standards

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 Imposes Temporary Anti-Dumping Tariffs on Chinese and South Korean Galvanized Steel

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 Indirect Steel Exports to the US Reach 2.4 Million Tons Amid Tariff Concerns

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 […]

Fairly Made: Data Meets Design

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 […]

DMU Students Breathe New Life into Old Objects in Sustainable Fashion Project

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 […]

TSUNEISHI has unveiled the first hydrogen-powered dual-fuel tugboat in Japan

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 […]

Hearst’s Ohio: Redefining Luxury, Responsibly

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 […]

India’s First Green Steel: project to Unveil Nation’s First Eco-Friendly TMT Bars

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 Dip Amid U.S. Tariffs, but Strong Steel Demand Limits Losses

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 Sets Sights on Global Steel Hub Status After Record-Breaking Year

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 Hosts Sustainable Wardrobe Refresh Workshops in April

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 […]

Xin Ke Yuan Steel Faces Scrutiny Over Substandard Steel Bars

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 […]

Lingyuan Steel Reports Widening Losses Amid Market Challenges

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 […]

Non-Dom Tax: Lakshmi Mittal is considering to leave the UK

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 […]

Hydnum to supply Thyssenkrupp 100,000 tpa green steel in 7-year deal

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 exports rise Amidst the tariff risks, steel drops

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’s ‘ExCycle’ Program Turns Breakup Baggage into Sustainable Style

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 […]

E-Commerce’s Plastic Dilemma

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 […]

Steel Industry’s Carbon Reduction: A Key Step Toward Climate Goals

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 Production Surges in March, Sees Slight Dip in April

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). […]

Steel samples fail to meet standard in State Audit Office

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, […]

India Court Rejects JSW Steel, Trafigura Pleas Over Met Coke Imports

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: Fashion’s Fungi Future

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, […]

Calls for Steel Nationalisation Amid Uncertainty Over British Steel Deal

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: Trend or Trap?

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 […]

New Plan of Action for Vizag Steel Plant

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 […]

GFA Launches Podcast to Help Fashion Brands Meet Circularity Goals

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 […]

New Steel Tariffs Pose Challenges for the Brewing Industry

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 […]

Green Startup Boston Metal to Make Steel Without Emitting Gobs of CO2

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 […]

AM/NS India Begins Land Acquisition in Andhra Pradesh for New Steel Plant

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 […]

Global Fashion Landscape Shifts Towards Eco Conscious Practices

The global fashion industry, long criticized for its environmental impact, is demonstrating a significant shift towards sustainable practices in 2025. Driven by increasing consumer awareness and stricter regulations, brands and innovators are embracing circularity, ethical sourcing, and cutting-edge material science. One of the most prominent trends is the surge in textile recycling and upcycling. Companies […]

Iran Achieves Annual Steel Production Milestone of 30 Million Tons

Iran’s steel industry has reached a significant milestone [1], producing 30 million tons of crude steel in the past year. The Iranian Steel Producers Association (ISPA) reported that the annual output fell by 7 percent compared to the previous year, when production reached 32 million tons. The decline was primarily attributed to insufficient energy supply […]

Lululemon Backs ZymoChem’s Bio-Nylon

Canadian sportswear brand Lululemon has teamed up with California-based biotechnology firm ZymoChem to advance the use of bio-based nylon, reinforcing its commitment to sustainable innovation. This collaboration focuses on developing a renewable alternative to adipic acid, a petroleum-derived component essential for producing nylon 6,6—widely used in Lululemon’s popular Align and Wunder Train leggings. The partnership […]

India’s Steel Makers to File Anti-Dumping Case Against Chinese steel

The Indian alloy steel producers’ association is preparing to submit an anti-dumping petition with the federal trade ministry against cheap imports from China, said a senior executive to Reuters on Thursday. Being the world’s second-largest producer of crude steel, India has the capacity to make around 18-20 million metric tonnes per annum of alloy steel […]

Kyocera Document Solutions Partners with Florania and FOREARTH at Milan Fashion Week 2025

Kyocera Document Solutions has partnered with Italian fashion designer Flora Rabitti, the founder of Florania, and sustainable textile innovator FOREARTH to showcase a pioneering sustainable fashion collection at Milan Fashion Week 2025. The collaboration, which took place on February 28, featured designs using fabrics printed with FOREARTH’s innovative waterless inkjet technology. This collaboration highlights Kyocera’s […]

British Steel Faces Closure of Blast Furnaces, Threatening 2,700 Jobs

British Steel has announced plans to shut down its two blast furnaces [1] at the Scunthorpe steelworks, putting up to 2,700 jobs at risk. The decision came after the company failed to secure a financial rescue package from the UK government, marking a significant blow to the nation’s steel industry. The Chinese-owned firm, Jingye Group, […]

PUMA Adopts RE&UP Technologies

PUMA has entered a multi-year partnership with RE&UP Recycling Technologies to advance circular textile solutions. This collaboration will convert textile waste into RE&UP’s next-generation recycled cotton fibres and polyester chips. Aligned with PUMA’s Vision 2030 sustainability goals, which prioritise circularity, this initiative builds on the expansion of its RE:FIBRE textile-to-textile recycling programme. The company has […]

Weak Steel Demand Persists, But Protectionism boosts Prices in Regions

Zawya published a report that suggested that the Weak demand from consumer goods industries will limit the ability to sustain significant price hikes. The manufacturing costs are increasing in the US, along with the increasing demand for sluggish goods. Trade policy uncertainty further complicates short- and medium-term planning, leading many businesses to delay major decisions […]

Turkey’s crude steel production falls 6% in February

The World Steel Association has reported that Türkiye’s crude steel output declined by 5.9 percent in January from a year ago to 2.9 million tons. The downward trend continued into February, with output over the first two months of 2025 falling 3.7% compared to the same period last year, totaling 6.1 million tons. Türkiye ranked the seventh-largest crude steel producer in […]

Canadian Steel Industry Faces Layoffs Amid US Tariffs

The imposition of tariffs on steel imports by the United States has led to significant job [1] losses in Canada, with hundreds of workers affected. The steel tariff policy has sent shockwaves through the Canadian manufacturing sector, with economists warning of broader economic repercussions in the coming weeks. Among the hardest-hit companies is Canada Metal […]

GravitHy Secures €60 Million to Propel Green Steel Revolution

Marseille-based GravitHy, a pioneer in low-carbon iron production, has successfully raised €60 million in a funding round aimed at advancing its mission to decarbonize the steel industry. The investment, announced on March 26, 2025, attracted new backers, including the Japan Hydrogen Fund, Marcegaglia, Ecolab, Rio Tinto, and Siemens, alongside additional contributions from existing investors like […]

Sheep Inc. Secures £5 Million to Revolutionize Sustainable Fashion

Sheep Inc., a pioneering sustainable fashion brand, has announced a significant £5 million Series A investment, marking a major step in its mission to transform the fashion industry. The funding will fuel the company’s growth and accelerate its efforts to establish new industry benchmarks for environmentally and ethically responsible practices. The investment comes at a […]

Global Steel Output Falls 3.4% in February, Reports WorldSteel

The World Steel Association (WorldSteel) has announced a 3.4% decline [1] in global crude steel production for February 2025, bringing the total output to 144.7 million tonnes. This drop marks a challenging period for the steel industry amid rising costs and weaker demand. China, the leading steel producer, recorded a 3.3% decline, producing 78.9 million […]

EMSTEEL to Launch UAE’s Largest Industrial Solar PV Rooftop Project

EMSTEEL Group has announced a partnership with Yellow Door Energy, the company considered to be the largest sustainable energy partner in the Middle East and Africa, for the development of the largest industrial solar PV rooftop project in the UAE. The 31.5 MWp solar project will supply clean energy to EMSTEEL’s operations, providing the Group’s […]

Hyundai Steel Unveils $5.8 Billion US Factory Plan, Shares Take a Hit

South Korea’s Hyundai Steel has announced plans to invest $5.8 billion [1] in a new steel plant in Louisiana, United States. The facility, which will have an annual production capacity of 2.7 million tonnes, is part of Hyundai Motor Group’s broader $21 billion investment strategy in the U.S. market. The announcement, made during a high-profile […]

Egypt: New Discussions Boosting Iron & Steel Sector with Green Investments

Kamel Al-Wazir, Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, along with Hassan El-Khatib, Minister of Investment and Foreign Trade, recently held a meeting with Ayman El-Ashry, President of the Cairo Chamber of Commerce and Chairperson of Ashry Steel Group, to explore strategies for advancing the country’s iron and steel […]

Turning Atacama’s Waste to Wear

A groundbreaking initiative is tackling the growing textile waste crisis in Chile’s Atacama Desert by making discarded clothing available to the public. Launched by VTEX, Fashion Revolution Brazil, and Desierto Vestido, the project aims to address the estimated 39,000 tonnes of clothing dumped in the region each year—much of it originating from the US, Europe, […]

Birla Cellulose’s Livaeco Highlights Sustainable Fashion at Jaipur Times Fashion Week

Birla Cellulose, part of the Aditya Birla Group, made a statement at Jaipur Times Fashion Week with an exclusive exhibition of its latest collection manufactured with Livaeco, an eco-enhanced variety of their fabric. The line, created in partnership with recognized partner brands such as Indoera, Juniper, and Holly Hock, exemplifies sustainable apparel that combines style, […]

Nippon Steel: U.S. Steel Deal Will Benefit U.S. industry

Reuters reported that the president of Nippon Steel said on Monday that the Japanese steelmaker and the U.S. government share a mutual understanding that its planned acquisition of U.S. Steel will strengthen the American steel industry and manufacturing sector. “In my opinion, the U.S. government and we are moving closer to a mutual understanding that […]

MACA lands mining contract for Fenix-managed Beebyn-W11

Fenix Resources has awarded MACA the mining contract for Beebyn-W11, its new iron ore mine in Western Australia’s Mid-West region. The contract covers drill and blast, ore extraction, and crushing and screening operations, with on-site mobilization scheduled to begin in the June quarter, marking a key step in the development of Fenix’s Beebyn- W11 project, […]

EuRIC Textiles Manifesto: Achieving EU Textile Circularity by 2030

EuRIC’s Textiles Branch has issued a detailed manifesto containing crucial policy suggestions for achieving textile circularity across the European Union by 2030. The “EU Recyclers’ Manifesto” addresses the growing textile waste challenge, emphasizing the critical need for structural reform. . EuRIC warns of the dire environmental effects of ongoing landfilling and incineration, given that EU […]

Taiwan’s Stainless Steel Prices Anticipated to Rise in April

The stainless steel market in Taiwan is bracing for a significant price increase [1] in April, driven by a combination of rising raw material costs and global economic pressures. Industry experts have projected that this adjustment will reflect both local and international market dynamics, signaling a potential shift in the regional steel landscape. Market analysts […]

Nippon Steel Aligns with Washington on U.S. Steel Deal’s Industry Impact

Nippon Steel Corp., a leading steel producer, recently expressed its agreement [1] with the United States government, supporting the notion that a proposed deal involving U.S. Steel Corp. would substantially boost the American steel industry. This alignment underscores Nippon Steel’s confidence in the potential benefits of the agreement for strengthening domestic steel production and fostering economic growth. […]

From Waste to Worth: Returns Reborn

ReBound Returns has partnered with ESO RECYCLING to enhance its circularity solutions for retailers and support compliance with Extended Producer Responsibility (EPR) regulations. Through this collaboration, retailers using ReBound’s omnichannel returns management platform can now access ESO RECYCLING’s expertise in material recovery, ensuring that non-resellable footwear is repurposed rather than discarded. ReBound processes over 100 […]

Refash: Redefining Fashion Waste

Refash is redefining sustainable fashion by transforming discarded materials into wearable art. As the world’s largest upcycling platform, it curates visionary designs while fostering a global network of designers, artisans, and conscious consumers. More than a brand, Refash is an artistic movement—proving that sustainability and creativity can coexist. It challenges the disposable mindset, advocating mindful […]

EU’s Export Surge: 6.4 Million Tons of Long Products in 2024

In 2024, the European Union recorded a substantial achievement in its export sector, with long products totaling 6.4 million tons [1] shipped to global markets. This milestone highlights the EU’s dominance in the manufacturing and distribution of these goods, which include bars, rods, and structural steel components essential for construction and industrial projects. The EU’s […]

German Steelmakers Voice Concerns Over Bureaucratic Hurdles in Emissions Documentation

German steel manufacturers have expressed increasing concerns [1] about the growing bureaucratic demands to document carbon emissions. The industry, a cornerstone of Germany’s economy, is grappling with stringent regulatory frameworks that aim to track and reduce greenhouse gas outputs as part of the European Union’s ambitious climate goals. As Europe pushes towards becoming carbon neutral […]

Finisterre Grows Retail Footprint

Cornwall-based sustainable clothing and accessories brand Finisterre is set to expand its retail presence in 2025 with three new UK stores in Cambridge, Cardiff, and Poole. This follows a landmark 2024, during which the brand launched a London flagship at 47-49 Neal Street, spanning 2,702 square feet, alongside openings in Brighton and Holt, as well […]

Adidas: Innovating for a Sustainable Future

Adidas has long been at the forefront of innovation in sportswear, but its commitment to sustainability is what truly sets the brand apart in the modern fashion landscape. As the fashion industry faces increasing pressure to address its environmental impact, Adidas is leveraging technology and circular design to pave the way for a more sustainable […]

Steelmaker Salzgitter announces expansion plans

CEO Gunnar Groebler of German steel group Salzgitter says the company wants to expand its business catering to the defense industry, reported Reuters on Friday. “We’re broadly positioned with tempered sheet metals for the defence industry,” Groebler said. “Salzgitter also produces steel pipes used in the defence industry,” he added. Germany’s second largest steel producer is […]

China’s Steel Industry Plans Shutting Old Mills with incentives

China’s steel industry is reportedly considering paying incentives to firms that are willing to shut down outdated steel plants, as a part of the government’s efforts to government’s broader strategy to reduce the country’s massive steel output. According to reports, China Iron and Steel Association, which represents steelmakers, began consulting with mills earlier this year […]

Nippon Steel Urges Court to Dismiss ‘Baseless’ Lawsuit 

Nippon Steel has filed a motion in U.S. court to dismiss a consumer lawsuit attempting to halt its proposed $14.9 billion acquisition of U.S. Steel, a deal currently under review by the Trump administration. On Wednesday in the federal court in San Francisco said the consumers, as downstream buyers of steel products, had not shown they […]

EU Targets Steel Imports Amid Fallout from Trump Tariffs

The European Commission has unveiled [1] a new strategy for the steel and metals industries, aiming to counteract intense global competition. As part of this plan, the Commission intends to tighten import quotas, targeting a 15% reduction starting from April. The European steel industry, already weighed down by high energy costs and stiff competition from […]

Egypt’s Steel Exports to Europe Plunge by 90% in January

Egypt’s steel exports to Europe witnessed a dramatic decline of 90%  [1] in January, according to a recent report. The sharp drop comes as the European Union prepares to impose a 15.6% anti-dumping duty on hot flat steel imports starting April 7. This development has significantly impacted Egypt’s steel trade with key European markets, including […]

John Cockerill Signs MoU with IIT Bombay

John Cockerill Signs MoU with IIT Bombay to Drive Innovation in Steel Decarbonisation Technology John Cockerill has entered into a Memorandum of Understanding (MoU) with the Indian Institute of Technology Bombay (IIT Bombay), one of India’s leading research and academic institutions. This partnership aims to promote innovation in steel decarbonization technology, the green hydrogen value […]

Berry Global Exceeds 2025 Emission Reduction Target Two Years Ahead of Schedule

Berry Global Group, Inc. has announced that it has surpassed its 2025 emissions reduction goal two years earlier than planned, as highlighted in its 2024 Sustainability Report. The report underscores the company’s continued progress in its “Impact 2025” strategy, aimed at advancing a circular, net-zero economy. Key achievements include a 28.3% reduction in Scope 1 […]

Thyssenkrupp Reconsiders Green Steel Plans Amid Rising Challenges

Thyssenkrupp is reassessing its ambitious plan to produce green steel at its Duisburg facility amid rising costs. The German government has invested billions of euros in subsidizing the project. The production of “green steel” by adapting a climate-neutral production method is being reviewed as per the internal reports. According to the reports, the company’s senior […]

Steel Consumption in Ukraine Surges to 557,000 Tons in Early 2025

Ukraine’s steel industry has witnessed a sizeable increase [1] in domestic consumption during the first two months of 2025. According to recent data, the consumption of steel products, including rolled and semi-finished goods, reached an impressive 557,000 tons in January and February combined. This marks a significant recovery for the sector, which has faced challenges […]

India Proposes 12% Temporary Tax on Select Steel Products

In a move to protect domestic steel producers, the Indian government has recommended a 12% temporary tax [1], known as a safeguard duty, on certain steel products. This measure, set to last for 200 days, is intended to curb the rising influx of steel imports impacting local industries. Under the Ministry of Commerce, the Directorate […]

Virgio and IIFA Partner to Promote Sustainable Fashion at 2025 Awards

Virgio, a sustainable apparel brand, has collaborated with the International Indian Film Academy (IIFA) Weekend & Awards 2025 as its Sustainable Fashion Partner, keeping with the event’s long-standing environmental commitment. The 25th anniversary edition of the IIFA Weekend & Awards, taking place in the culturally rich city of Jaipur, Rajasthan, will have a strong emphasis […]

Resale Revolution: Shaping Retail

Online resale platform ThredUp has released its latest Resale Report, forecasting the global second-hand apparel market to reach $367 billion by 2029, with a compound annual growth rate (CAGR) of 10%. Developed in partnership with GlobalData, the report highlights that the second-hand apparel sector outpaced the broader retail clothing market by a factor of five […]