JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
Europe’s steel industry is not stepping away from decarbonization, but it is moving more carefully. In an interview, Primetals Technologies executive Deniz Çatan said producers are still investing, though with a far more selective and cautious approach as high energy prices, limited green hydrogen availability, weak premiums for low-carbon steel and geopolitical uncertainty reshape decisions. He pointed to projects from Salzgitter, Thyssenkrupp, Saarstahl and Dillinger as signs that the transition is continuing, but in phased and pragmatic steps. The outlook suggests a mixed path ahead, with EAF, DRI and hybrid steelmaking models likely to coexist as the sector balances green goals with commercial reality.
Also Read : Veolia to acquire Hungarian gas power plant from Uniper Thyssenkrupp readies hydrogen tender for Duisburg steel plant
The most prominent Navratna CPSE under the Union Ministry of Mines, National Aluminium Company Ltd....
Mid Corporate 03-Apr-2024
Iron ore futures prices fell for the fourth week in a row, weighed down by seasonally weak steel dem...
Ferrous 26-Jun-2024
Steel Dynamics Inc. (SDI) has announced the launch of two innovative steel brands, BioEdge and Edge,...
Construction 29-Oct-2025
India's iron ore exports increased by over 5% year on year to 10.25 million tonnes (MT) in April-Jun...
Ferrous 11-Jul-2024
₹1 lakh crore investments coming to Odisha’s steel sector. Major steelmakers ramping up capac...
Business 07-May-2025
Indian stainless steel makers to file dumping probe request. Imports from China, Indonesia under sc...
Business 12-May-2025