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Global insight

Government reaffirms commitment to revive Ajaokuta steel plant

Minister of Steel Development, Shuaibu Audu, has reaffirmed the Federal Government’s commitment to ensuring that the Ajaokuta steel plant begins production for Nigeria’s industrialization

Sunday, February 4, 2024

Spain's Hydnum Steel receives government support for green steel plant in Puertollano

The Puertollano plant, which will create more than 1,100 direct jobs and has an investment cost of more than E1.65 billion, will be commissioned in2026.

Sunday, February 4, 2024

Tata Steel Netherlands restarts BF No.6 in IJmuiden

The restart of Tata Steel Netherlands' furnace along with the restart of other steelmaking capacities

Sunday, February 4, 2024

Technology Metals Australia Limited Scheme of Arrangement has been Implemented

Technology Metals Australia Limited Scheme of Arrangement has been Implemented

Thursday, February 1, 2024

Canadian miner greenlights $470m project for low-carbon steel feedstock

Canadian iron-ore mining company Champion Iron on Tuesday announced a final investment decision (FID) for its direct reduction pellet feed (DRPF) project at the Bloom Lake iron-ore complex, in Quebec.

Thursday, February 1, 2024

EU Commission favours a 90-95pc emissions cut by 2040

The European Commission's "preferred option" for the EU's 2040 greenhouse gas (GHG) emissions reduction target is 90-95pc — from 1990 levels — according to a draft document.

Thursday, February 1, 2024

ArcelorMittal sells first low-carbon steel

The European Commission's "preferred option" for the EU's 2040 greenhouse gas (GHG) emissions reduction target is 90-95pc — from 1990 levels — according to a draft document.

Thursday, February 1, 2024

UK government disadvantages Tata Steel

The UK government is putting Tata Steel at a disadvantage compared with its European peers with the comparatively low level of funding it is providing to help the company decarbonise.

Thursday, February 1, 2024