ISSDA pushes safeguards, procurement reform Vijayanagar shutdown weighs on JSW output Europe’s energy-intensive industries demand cheaper electricity
Europe’s energy-intensive industries are pushing for lower electricity costs to be made a central part of the EU’s upcoming Electrification Action Plan. In a joint position paper, groups representing steel, chemicals, metals, cement, and paper warned that persistently high power prices are undermining industrial competitiveness and putting decarbonization investments at risk. They are also calling for stronger support for electrification projects, faster development of the EU Single Market for Energy, more cross-border electricity interconnections, and greater system flexibility through renewable and low-carbon energy sources. Industry bodies say the EU must strike a better balance between climate goals and industrial viability, or risk losing manufacturing strength to regions with cheaper and more stable energy.
Also Read : UK exits energy charter treaty over net-zero misalignment Wind power surpasses gas plants in Europe
India's logistic costs declined by almost 1 per cent last decade. Costs ranged between 7.8 per cent...
Logistics 10-Jan-2024
South Korea’s steel exports to the US dropped 19% YoY in March 2025. Trump-era tariffs of up...
Business 19-Apr-2025
The government of Maharashtra's Department of Industry, Energy, Labour, and Mining has sent a letter...
Mid Corporate 27-Mar-2024
China has swiftly and significantly increased its dominance in the Indian steel import market, captu...
Business 02-Sep-2024
India’s steel exporters are reshaping their market strategy as Europe’s carbon bor...
Business 17-Feb-2026
India is no longer the biggest buyer of seaborne Russian oil as it has been forced to reject certain...
Business 04-Apr-2024