Browsing: steel industry

Work has commenced on Tata Steel’s new electric furnace, marking a significant step towards greener steel production. The $1 billion project aims to reduce carbon emissions while boosting output efficiency.

Australia’s PM is actively promoting Australian iron ore in China as steelmakers face mounting pressure to cut emissions. The move underscores the challenge of balancing decarbonisation with securing raw materials for steel production.

Trump’s steel tariffs cast a shadow over the UK’s last surviving steel towns, threatening jobs and local economies. As global trade tensions rise, these communities face uncertain futures amid shifting market dynamics.