TAG: Steel
EU mulls ‘Industrial’ twin for Green Deal as election pressure bites
BRUSSELS — Move over Green Deal, there’s a new buzzword in town — and just in time for the EU electi...
8 months ago
Labour slashes green spending pledge in major U-turn
LONDON — Keir Starmer's Labour Party U-turned on its green investment plans after months of speculation.The party on Thursday ditched its totemic pledge to spend £28 billion a year on green policies — slashing those spending plans by nearly 75 percent.In...
6 months ago
Revealed — the next Brexit headache on the Irish border
LONDON — In 2019, Boris Johnson promised his Brexit deal would do away with checks on the Northern Irish border. Five years later, the region is about to be whacked with yet another trade headache.The latest tension comes from net zero rules, with the U.K...
6 months ago
India turns net importer of finished steel in 2023/24, data shows
India was a net importer of finished steel during the 2023/24 financial year that ended on March 31, according to provisional government data seen by Reuters on Monday.The country imported 8.3 million metric tons of finished steel between April and March,...
6 months ago
EU steps up bid to curb China’s green tech market lead
BRUSSELS — On paper, the EU sees China as a partner in the fight against climate change.But the trade reality tells a different story. As Beijing responds to weak domestic demand with heavy state subsidies, it’s a perfect recipe for overcapacity — from el...
6 months ago
Does the EU have what it takes to fight China on green tech?
The EU is getting increasingly trigger happy as it launches probe after probe into whether China is unfairly supporting its exporters and, in so doing, potentially killing off competitors based in the bloc’s single market — in sectors ranging from electri...
6 months ago
Nickel, guns and foreign powers: How France’s New Caledonia reached the brink of ‘civil war’
PARIS — Nickel-rich New Caledonia could have been France’s Eldorado. Instead, it has once again turned into a security time bomb. Ongoing violent protests in the French overseas territory in the South Pacific, which have already led to the death of five p...
4 months ago
Labour’s top policy priorities
LONDON — Keir Starmer has arrived in Downing Street with his new Cabinet. So what are their first priorities?Big-ticket items include decarbonizing the electricity grid by 2030, building 1.5 million homes over five years, hitting long-missed health servic...
2 months ago
Indian steelmakers seek to soften proposed import curbs on key raw material
Indian steelmakers want the government to soften proposed import restrictions on metallurgical coke, a key ingredient in steelmaking, saying the curbs will hit steel mills' capacity expansion, a letter from the Indian Steel Association, seen by Reuters on...
2 months ago
India initiates anti-dumping probe on Viatnamese HRC steel products
The Director General of Trade Remedies (DGTR) is starting an anti-dumping investigation on imports of Hot rolled flat products of alloy or non-alloy steel originating in or exported from Vietnam, following a petition by the Indian Steel Association (ISA),...
2 months ago
Europe’s new normal: High energy bills, fading industry and one chance to fix it
ZIMMERN OB ROTTWEIL, Germany — You’ve never heard of Hans Keim Kunststoffe, but you’ve almost certainly come across one of its products.They’re protecting museum paintings, covering MRI machines during a hospital visit, forming a mobile caravan’s sunroof...
1 month ago
Germany’s rude economic awakening
BERLIN — Germany is finally emerging from the first stage of economic grief: denial.After years of turning a blind eye to what the rest of the world could plainly see, Germans are slowly coming to terms with the reality that they are in deep trouble as th...
3 weeks ago
Weber crows as von der Leyen walks back EU deforestation drive
The EU’s nature wars are back.On Wednesday, the European Commission delayed for a year the introduction of landmark rules banning agricultural products from logged forests. The president of the center-right European Peoples’ Party (EPP), Manfred Weber, im...
1 week ago