Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
The European Union has struck a provisional deal to tighten steel import rules and give local producers stronger protection from global oversupply. Under the proposal, tariff-free steel imports would be sharply reduced, while shipments above the new quota would face a 50% duty. The move is aimed at supporting European steelmakers, improving capacity use, protecting jobs, and limiting market pressure from cheaper overseas material. For the steel sector, the decision signals a tougher trade stance as Europe looks to strengthen industrial resilience and secure long-term stability for its steel industry.
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