Category: World
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UK Invests £200 Million in Acorn Carbon Capture Project in Scotland
UK backs Acorn CCS project with £200M to store CO₂ under North Sea and accelerate industrial decarbonization.
ArcelorMittal Poland Says Steelmakers Can’t Bear Decarbonization Costs Alone
ArcelorMittal Poland urges energy price cuts to support steel decarbonization amid rising costs.
JSW Exceeds Coking Coal Production Plan by 20% in May 2025
JSW outpaces May 2025 coking coal production target by 20.1%, reinforcing its strategic shift away from thermal coal.
SMI Expands Regional Footprint with Kansas Metals Recycling Acquisitions
SMI acquires Lawrence and Ottawa recycling centers, expanding its regional metals recycling network in Kansas.
UK Government Invests £14.2bn in Sizewell C Nuclear Power Plant
The UK government allocates £14.2bn to fund the Sizewell C nuclear plant, enhancing energy security and addressing…
Thyssenkrupp Launches New Continuous Casting Machine to Boost Steel Production Efficiency
Thyssenkrupp starts trial run of new continuous casting machine SGA 4, enhancing steel slab quality and production efficiency…
ArcelorMittal Poland May Receive PLN 1 Billion for Modernization
Polish government considers PLN 1 billion support to modernize ArcelorMittal Poland’s Dąbrowa Górnicza steel plant.
Nucor Raises Hot Rolled Coil Prices After 10-Week Pause
Nucor raises hot rolled coil prices by 2.3%, ending a 10-week decline amid mixed US steel market signals.
EU Car Production to Decline by 2.6% in 2025, Pressuring Steel Demand
EU car production will fall 2.6% in 2025, deepening steel demand woes amid tariffs, weak confidence, and EV uncertainty.
Overcapacity Risks a ‘Race to the Bottom’ on Steel Prices
Global steel overcapacity keeps prices under pressure, outpacing production cuts, tariffs, and defense measures.
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