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STEELMAKING FUEL
World's top miners BHP, Rio Tinto see India emerging as steel's next growth frontier beyond ChinaGlobal mining giants BHP and Rio Tinto are focusing on India for future steel demand. India's rapid urbanisation and infrastructure project...- UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
- Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headacheIn the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia ...
- Coal gasification can raise India's resource security amid decarbonisation uncertainties: ReportWhile coal gasification presents uncertain decarbonisation outcomes, it can play a crucial role in strengthening the country's raw material...
- Aditya Birla group, KKR left in race for Sprng EnergyAditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negot...
- Blockade breach? $500 million Russian-linked superyacht sails through Strait of Hormuz amid US-Iran warA superyacht linked to sanctioned Russian billionaire Alexey Mordashov, the Nord, transited the Strait of Hormuz, a route severely restrict...
- China, India place strategic bets on clean energy out of favour in the WestChina and India are aggressively pursuing green hydrogen, investing billions to build massive production capacity. While China focuses on s...
- Global Markets | South Korean shares dip, but mark second weekly gain on Iran ceasefire hopesSouth Korean stocks ended lower Friday but secured a second weekly gain. Hopes for a U.S.-Iran ceasefire boosted sentiment. The Korean won ...
- Jindal Steel deploys syngas in furnaces to counter shortages of natural gas, LPGJindal Steel has successfully used syngas in its galvanizing and color coating furnaces. This move counters shortages of natural gas, LPG, ...
- Steel Ministry flags industry concerns over LPG suppliesSteel plants face LPG shortages. The Steel Ministry has raised this issue with the Petroleum Ministry. The Iran war has reduced gas availab...
- India trade body recommends provisional anti-dumping duty on low-ash met cokeIndia's trade body has proposed a provisional anti-dumping duty on low-ash metallurgical coke. This steelmaking fuel is imported from Austr...
- Fossil fuel dominance in electricity generation to end by 2030, renewable to cross 50% share: RBIThe Reserve Bank of India reports that fossil fuels' dominance in India's electricity generation will end by the decade's close. Renewable ...
- Arcelor-Nippon says India's plan for raw material curbs ignores Red Sea crisisArcelorMittal's India joint venture warned New Delhi that planned curbs on low ash metallurgical coke imports, crucial for steelmaking, cou...
- Naveen Jindal group plans Rs 15,000-crore green energy pushAs per the blueprint being finalised, the group wants to power the new steel capacity additions by creating 4 gigawatts (GW) of renewable p...
- Large steelmakers look for government support on path to green steelSteelmaking is an energy intensive business, and accounts for among the highest carbon emissions globally. Production of green steel basica...
- ArcelorMittal and BHP to capture carbon at Belgian steel plantCutting emissions is existential for the steel industry, but it’s also a huge concern for some of the top miners who make much of their pro...
- High coking coal prices may hit steel companies’ margin recoveryPrices of coking coal, which is largely imported, have reached almost $300 per tonne (CNF Paradip) after hitting a low of around $210 in th...
- China's Hebei approves $1.2 bln hydrogen production and consumption projectsHome to a quarter of China's steelmaking capacity, Hebei has been seeking to upgrade its industrial structure by turning to less-polluted a...
- Government annuls 5th round of coal mines auction on tepid responseThe six coal mines are: Brahmadih, Choritand Tiliaya, Jogeshwar and Khas Jogeshwar, Rabodih OCP and Rohne in Jharkhand, and Urtan North in ...
- ArcelorMittal sued for USD 101.4 mn over iron ore shipmentsArcelorMittal was sued for USD 101.4 million by shipper Zodiac Maritime Agencies, which said the world's biggest steelmaker breached an agr...
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