Plans are in progress to construct an electric arc furnace aimed at producing green steel for Europe on Thailand’s eastern coast. This will benefit Europe from contentious new rules that will force buyers to pay tariffs on high-carbon imports. In 2023, the EU imported 16 million tons of finished steel products from Asia, with mills […]
China has requested that countries hold talks at next week’s COP29 U.N. climate summit on carbon border taxes and other “restrictive trade measures” that Beijing says are hurting developing countries, according to reports by Reuters. The talk is expected to highlight the mounting trade tensions between major economies that could disrupt this year’s United Nations climate […]
