Tag #Steel Industry

Showing 1 to 12 of 155 results

welt.de
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Jindal Steel to conduct due diligence on Thyssenkrupp Steel

Indian steelmaker Jindal Steel plans a due diligence review of Thyssenkrupp Steel following an offer to purchase the German company's steel division, with Jindal family representatives intending to visit Germany soon for discussions.

Progress

16% Bias Score

Industry, Innovation, and Infrastructure
bbc.com
🌐 85% Global Worthiness
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US Green Steel Startups Aim to Decarbonize Steelmaking

Two US startups, Boston Metal and Electra, are developing electric-based methods to produce steel with significantly lower carbon emissions than traditional blast furnaces, aiming to reduce the industry's substantial environmental impact.

Progress

16% Bias Score

Climate Action
welt.de
🌐 75% Global Worthiness
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Buderus Edelstahl Restructuring Leads to Plant Closure, Job Losses in Wetzlar

Buderus Edelstahl in Wetzlar, Germany, is being dismantled, resulting in the closure of its steel plant by October, impacting 450 jobs, while the remaining units will be sold, potentially saving 670 jobs, due to high energy costs and challenging market conditions.

Progress

44% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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Liberty Steel Faces Collapse: Gupta Attempts Last-Minute Rescue

Sanjeev Gupta is attempting a last-minute rescue of Liberty Steel's Speciality Steel UK (SSUK) division before a Wednesday court hearing; the government is preparing for SSUK's potential collapse, impacting nearly 1,500 jobs and the UK's third-largest steel producer.

Progress

40% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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UK Government in Dispute with Jingye Over British Steel Sale

The UK government is negotiating with Jingye, the Chinese owners of British Steel, over the sale of the Scunthorpe steelworks after Jingye demanded hundreds of millions of pounds; negotiations are ongoing, with the government considering the public interest alongside taxpayer funds.

Progress

52% Bias Score

Decent Work and Economic Growth
genova.repubblica.it
🌐 75% Global Worthiness
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Acciaierie d'Italia to Revitalize Genoa Steel Plant, Creating 2,000 Jobs

Acciaierie d'Italia plans to revitalize its Cornigliano steel plant near Genoa, increasing production from 300,000 to 2,000,000 tons annually using a new electric furnace and minimizing environmental impact through sea-based scrap metal transport; the project is expected to create over 2,000 jobs by...

Progress

48% Bias Score

Industry, Innovation, and Infrastructure
welt.de
🌐 85% Global Worthiness
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Jindal Steel Makes Indicative Offer for Thyssenkrupp Steel

Indian steelmaker Jindal Steel International submitted an indicative offer to acquire Thyssenkrupp Steel Europe, the largest steel producer in Germany, which is currently facing economic challenges and plans to reduce capacity and workforce.

Progress

36% Bias Score

Decent Work and Economic Growth
china.org.cn
🌐 85% Global Worthiness
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China's AI-Powered Steel Industry Transformation

China's steel industry is undergoing a digital transformation driven by AI, resulting in increased efficiency, improved quality control, and advancements in green technologies, as evidenced by 95.1% of steel enterprises incorporating digital strategies and 82.9% establishing intelligent control cent...

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
dailymail.co.uk
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Government Takes Control of Insolvent Speciality Steel UK

A High Court judge declared Britain's third-largest steelmaker, Speciality Steel UK, insolvent, resulting in a government takeover impacting 1,450 workers across three sites in Rotherham, Stocksbridge, and Wednesbury; talks are ongoing with trade unions regarding the workforce's future.

Progress

52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Algoma Steel's Green Steel Milestone Amidst Market Uncertainty

Algoma Steel's new electric arc furnace achieved production in July, marking a significant step towards greener steel and bolstering its competitiveness amid U.S. tariffs; however, market challenges persist.

Progress

44% Bias Score

Climate Action
dw.com
🌐 85% Global Worthiness
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ArcelorMittal Halts German Green Steel Plans

ArcelorMittal suspended its plans for green steel production in Germany due to high energy costs and insufficient green hydrogen infrastructure, highlighting challenges in decarbonizing the steel industry and impacting Germany's climate goals.

Progress

48% Bias Score

Climate Action
genova.repubblica.it
🌐 75% Global Worthiness
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Orlando Criticizes Italy's Industrial Policies, Questions Ilva Plan

Andrea Orlando, former Italian Minister of Labor, criticizes the government's industrial policies, citing rising energy costs and lack of planning, highlighting the precarious state of key industrial sectors and questioning the feasibility of the Ilva steel plant relaunch plan.

Progress

44% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 155 results