Synopsis: -
Italy’s Minister of Enterprises and Made in Italy, Adolfo Urso, led a virtual meeting on July 7, 2025, bringing together representatives from 11 EU nations under the Alliance for the Future of Energy-Intensive Industries. The discussion focused on strengthening the chemical sector’s competitiveness and accelerating decarbonisation of steel production. Key topics included promoting bio-based materials, restricting scrap exports and investing in Direct Reduced Iron, while officials called for streamlined regulations and stronger EU-level funding to secure industrial autonomy and sustainability.

Synopsis: -
Aurora D’Aprile, EU policy officer at the International Emissions Trading Association, has urged European institutions to swiftly finalise critical CBAM implementing acts to clarify how carbon prices paid abroad can reduce importers’ costs when the mechanism fully applies in 2026. While CBAM sparks new global carbon pricing discussions, it also faces legal disputes, market fragmentation, and questions on integrating international credits under Article 6 of the Paris Agreement, shaping a complex landscape for European and global businesses.

Synopsis: -
Mounting uncertainty surrounds the European Union’s ambitious Carbon Border Adjustment Mechanism as the planned start date of 1 January 2026 approaches, with industry voices like Danish distributor Dacapo & trade body IACBAM expressing deep concern over missing benchmark data, unfinished IT systems & supplier unpreparedness. While the European Commission insists CBAM is still in its learning phase & points to planned reviews & simplifications, importers warn these gaps risk delaying the launch & jeopardising compliance planning.

Synopsis: -
German firm AMBARtec AG & Swiss company Rouge H2 Engineering AG have joined hands to develop the Chemical Looping Hydrogen process, aiming to cut CO₂ from steel production. Leaders like Uwe Pahl & Matthias Rudloff say the process uses iron oxide to turn blast furnace gases into clean hydrogen & concentrated CO₂ for CCU or CCS, keeping European steel competitive.

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JFE Steel has announced that its JGreeX™ green steel has been used for the first time in an overhead crane at Takasago Metal Works’ main Osaka plant. Manufactured by Hishii Industry, this marks a milestone for sustainable steel adoption in industrial machinery, as JFE pushes to expand JGreeX™ across the construction & machinery sectors.

Synopsis: -
Chinese machinery giant XCMG has secured a $14 million deal from Thailand’s OCR to supply pure electric mining trucks and new energy loaders, marking another step in its strategy to boost localisation and sustainable growth in Southeast Asia. While detailed figures remain undisclosed, XCMG highlights recent deliveries of new energy trucks and electric excavators as proof of its commitment to greener machinery.

Synopsis: -
Saudi Arabia’s Al Yamamah Steel Industries has signed contracts worth SAR 68.66 million with China’s SEPCOIII Electric Power Construction to supply steel wind towers for the Al Ghat & Waad Al Shamal wind farms. These projects, part of the National Renewable Energy Program, aim to help the Kingdom achieve 50% renewable energy by 2030, with partners including Marubeni, SPPC & Ajlan & Bros

Synopsis: -
Hamburg Hochbahn AG and HOCHBAHN U5 Projekt GmbH are building the new U5 subway line using ArcelorMittal’s XCarb® recycled and renewably produced steel, achieving a CO₂ reduction of around 88% compared to traditional steelmaking. This pioneering project makes climate responsibility a core principle, setting a benchmark for sustainable urban infrastructure in Germany and across Europe.

Synopsis: -
Hamburg Hochbahn AG and HOCHBAHN U5 Projekt GmbH are building the new U5 subway line using ArcelorMittal’s XCarb® recycled and renewably produced steel, achieving a CO₂ reduction of around 88% compared to traditional steelmaking. This pioneering project makes climate responsibility a core principle, setting a benchmark for sustainable urban infrastructure in Germany and across Europe.

Synopsis: -
Eurocoke 2025 summit, set in Amsterdam from September 15 to 17, will spotlight decarbonization, circular economy & innovation in the coke, coal & steel sectors. Global leaders like Tata Steel, Outokumpu, ERDEMIR & experts from Wood Mackenzie, EUROFER & GMK Center will share insights. Highlights include a rare Tata Steel HIsarna plant visit & sessions on low-carbon strategies, global trade shifts, & sustainable steel production.

Synopsis: -
FuelEU Maritime regulation introduces detailed rules on fuel certification, methane slip accounting & voyage exemptions to lower emissions in shipping. Supported by European Sustainable Shipping Forum guidelines & DNV’s advisory role, the changes include pooling, banking & exemptions for Outermost Regions & small islands until 2029. Ship owners must now align systems & contracts to ensure compliance amid evolving technical standards.

Synopsis: -
China’s Ministry of Commerce and Ministry of Science and Technology unveiled sweeping new export restrictions on crucial battery cathode material preparation technologies. Covering lithium iron phosphate, lithium manganese iron phosphate and phosphate cathode raw materials, the move aims to safeguard national economic security while still enabling selected international cooperation. Experts say this could reshape global supply chains as the country tightens control over strategic technologies vital to electric vehicles, renewable energy storage and national infrastructure.

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Mining giant BHP, led by Geraldine Slattery, declared that producing green iron in Australia would cost twice as much as in the Middle East or China despite political incentives. While Australia covers around 60% of China’s iron ore demand, BHP instead focuses on low-carbon mining & research alliances, including a pilot with China’s Baowu. Despite this caution, Australia’s $1 billion Green Iron Fund aims to attract private investment to boost local processing.

Synopsis: -
The European Union’s ambitious Carbon Border Adjustment Mechanism seeks to equalise carbon costs on imports such as cement, aluminium, steel, fertilizers, electricity & hydrogen, preventing carbon leakage. Yet, challenges including complex data collection, trade friction, & administrative burdens have delayed certificate sales to 2027. Countries like the UK & Canada plan similar measures, while ASEAN faces mixed readiness, with Singapore’s early carbon tax contrasting Malaysia’s new plans. Calls grow for coordinated carbon pricing & deeper engagement to align with EU policy & protect regional trade.

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Fastmarkets reports that green steel premiums in Europe remained steady last week despite lukewarm demand & uncertainty over upcoming regulations. Suppliers indicated prices at €200-300 per metric ton, while buyers pushed for modest discounts amid high production costs & economic headwinds. Industry eyes remain on the European Commission’s review of the Carbon Border Adjustment Mechanism, which could reshape future demand.

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SteelAsia’s subsidiary, Candelaria Steel Inc., secured green lane status from the Board of Investments for its ₱30-billion ($508 million) heavy steel recycling mill in Candelaria, Quezon. Scheduled to operate by July 2027, the facility will use Electric Arc Furnace technology to process local scrap metal, reduce CO₂ emissions by at least 70%, create thousands of jobs, and help cut the Philippines’ reliance on imported steel.

Synopsis: -
At the Ukraine Recovery Conference in Rome, Metinvest Group unveiled four visionary “Steel Dream” projects to rebuild neighbourhoods in Bakhmut, Mariupol, Trostyanets & Hlukhiv. Supported by local mayors & led by Tetiana Skrypka, the plans blend modular, frame & platform steel designs for quick, eco-friendly reconstruction. Attracting donors & investors, these concepts promise not only infrastructure revival but also restoration of community identity, culture & hope.

Synopsis: -
Salzgitter Flachstahl GmbH is engineering advanced steel pipelines to safely transport hydrogen & carbon dioxide, crucial for the carbon neutrality journey. By mastering high analytical purity, precise grain refinement, & thermomechanical rolling, the Salzgitter Group helps reshape Europe's industrial future, ensuring these vital gases move efficiently, securely & sustainably.

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Tenaga Nasional Berhad partners with Petroliam Nasional Bhd to create a pioneering green hydrogen hub in Terengganu, Malaysia. The initiative blends hydroelectric power & floating solar panels, producing green hydrogen and derivatives like green methanol & green ammonia, aligning with Malaysia’s National Energy Transition Roadmap to secure a net-zero future.

Synopsis: -
SeAH Steel has signed a 20-year Power Purchase Agreement with renewable energy leader Hanwha Qcells to directly receive solar power, marking a major step towards carbon neutrality and RE100 targets. This partnership will help SeAH Steel secure an extra 16,425 megawatt hours of renewable energy annually, boosting its total to over 43,000 megawatt hours, while reinforcing its commitment to sustainable steelmaking.

Synopsis: -
The UN Environment Programme’s International Methane Emissions Observatory, supported by Australia’s AUD 5.5 million (~$3.2M) funding, launched a landmark research project to improve methane data accuracy from open-cut coal mines. Using advanced technologies like ground-based sensors, aircraft systems, & satellite imagery, the project targets better monitoring, aiming to help the steel sector cut emissions & support the Global Methane Pledge to reduce methane by 30% by 2030.

Synopsis: -
Australian prime minister Anthony Albanese joined the Steel Decarbonised Roundtable in Shanghai, highlighting Australia & China’s enduring iron ore and steel partnership. He showcased projects like Fortescue’s hydrogen-based green iron pilot and Hancock Prospecting’s low-carbon technology efforts. Albanese urged for bold policy, deep research, and joint action to cut steelmaking emissions, which account for nearly 7 to 9% of global greenhouse gases.

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PyroGenesis Inc. and its subsidiary Pyro Green-Gas Inc. have successfully completed a $9.3 million coke-oven gas valorization and hydrogen production project for Tata Steel in Kalinganagar, India. This project cleans and reuses toxic coke-oven gas, producing hydrogen at 99.999% purity, improving efficiency, reducing emissions, and supporting Tata Steel’s circular production goals.

Synopsis: -
Maharashtra Industrial Development Corporation plans to acquire 3,500 acres in Gadchiroli to set up a JSW Group steel plant. The project aims to spark local employment, strengthen regional industry & align with India's infrastructure vision.

Synopsis: -
SSAB & UK-based Metal Solutions have announced an ambitious long-term partnership to supply decarbonized steel with nearly zero fossil carbon emissions. This collaboration builds on SSAB’s hydrogen reduced sponge iron technology & Metal Solutions’ heritage in roofing & cladding, aiming to help the sector pivot toward a truly fossil-free future.

Synopsis: -
Tenaris has delivered its advanced THera™ hydrogen storage system for Italy’s first-ever highway hydrogen refueling station, built under the SerraH₂Valle project led by Milano Serravalle – Milano Tangenziali from the FNM Group. Supported by Italy’s National Recovery & Resilience Plan, this strategic project will open by January 2026, laying foundations for a hydrogen corridor linking the port of Genoa to Northern Europe.

Synopsis: -
Vanya Steels Pvt. Ltd., part of A-One Steel Group, is investing $12 million to build a 10 MW captive power plant at its Koppal facility in Karnataka. Using waste heat recovery boiler technology, the plant will repurpose industrial waste heat into clean energy, supporting India's decarbonisation drive & reducing reliance on grid electricity. The project is set for commissioning by July 31, 2025.

Synopsis: -
China, maker of 55% of the world’s steel & over 60% of sector CO₂, faces historic change. Via carbon markets, forced closures, hydrogen pilots & the “short route” of EAF, Beijing targets a cleaner future. But scrap shortages, green hydrogen costs & capacity discipline remain hurdles. If plans hold, EAF could reach 56% share by 2050, cutting CO₂ by 39%. Analysts call this transformation vital to global climate goals.

Synopsis: -
In a bold new Position Paper, the Bureau of International Recycling urges global policymakers to define “green steel” using transparent, science-based standards grounded in lifecycle emissions. The organisation highlights the urgent need to recognise the critical role of recycled-content electric arc furnace steel in decarbonising the sector, while warning against trade barriers & policy distortions that could undermine real climate gains.

Synopsis: -
Tata Group Chairman N. Chandrasekaran led the groundbreaking ceremony of a landmark Electric Arc Furnace at Port Talbot, alongside Tata Steel CEO T. V. Narendran & Tata Steel UK CEO Rajesh Nair. Supported by £500 million from the UK Government, this £1.25 billion ($1.6 billion) project aims to cut carbon emissions by around 90% & protect 5,000 UK jobs. Leaders hailed it as the dawn of a greener steel era in Britain.

Synopsis: -
Hydnum Steel will unveil the results of its Citizen Participation Plan this September in Puertollano, where it plans to build an ultra-clean steel plant. Backed by €60 million from Spain’s PERTE programme, this project has attracted praise from the World Economic Forum & the Castilla-La Mancha regional government, and aims to produce 1.5 million metric tons of steel per year using renewable energy, green hydrogen, & AI-driven systems, positioning Puertollano at the forefront of Europe’s green steel revolution.

Synopsis: -
BHP has inked two pivotal Memoranda of Understanding with global battery innovators BYD (through FinDreams Battery, FDB) and CATL, to explore advanced electrification solutions for mining. These strategic collaborations aim to cut Scope 1 & 2 emissions, accelerate diesel displacement, and transform BHP’s heavy mining equipment, locomotives, and support fleets, all aligning with the Group’s goal of achieving net zero operational greenhouse gas emissions by CY2050.

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Brazilian steelmaker Usiminas plans to invest over $2 billion in sustainability over the next five years. The company’s central ambition is to boost production of pellet feed, a purer iron ore product, to prolong mine life & enhance environmental performance.

Synopsis: -
Malaysia plans to introduce a carbon tax in 2026, aiming to strengthen its decarbonisation agenda. Industry watchers warn this move could dent the recovery of the Malaysian steel sector by affecting its export competitiveness, even as investors weigh its potential for long-term sustainability.

Synopsis: -
European carbon prices surged above €70 per metric ton in June as markets reacted to energy price swings, speculative trading and fresh climate targets from the European Commission. At one point, prices peaked at €75.9 per metric ton in mid-June before easing to €68.9 per metric ton by month’s end. The Commission’s new plan to cut net greenhouse gas emissions by 90% by 2040 and discussions over ETS2 shaped traders' expectations.

Synopsis: -
Ternium will host a pilot plant for turquoise hydrogen in Pesquería, Mexico, through a partnership with Tulum Energy. Using methane pyrolysis, this innovative project aims to produce clean H₂ and solid carbon from natural gas or biogas without releasing CO₂, supporting a greener future in steelmaking.

Synopsis: -
Aceros Arequipa, Peru’s major steel producer, has unveiled a cutting-edge vertical lime kiln at its flagship facility in a drive to cut CO₂ emissions and enhance energy efficiency. This pioneering project, part of its broader green strategy, reduces natural gas use per metric ton of lime and shows how innovation & environmental responsibility can coexist, setting a new standard in Latin America’s steel sector.

Synopsis: -
Solar energy became the top source of electricity in the European Union in June, surpassing nuclear and wind for the first time, according to Ember. The share of coal fell to a historic low of 6.1%, while experts like Chris Rosslowe highlight the EU’s fast-paced move towards cheaper renewables, despite fossil fuel use rising earlier this year due to weaker hydropower and wind output.

Synopsis: -
The NeoSmelt consortium, comprising BHP, BlueScope, Mitsui Iron Ore Development, Rio Tinto & Woodside Energy, has chosen engineering leader Hatch to design Australia’s largest electric smelting furnace. This visionary project, targeting operations by 2028, aims to produce low-carbon molten iron from Pilbara ore using innovative CRISP+ technology, setting new benchmarks in sustainability for the iron & steel sector.

Synopsis: -
SHS Group, through subsidiaries Dillinger & Saarstahl, has achieved a major milestone by securing operating permits for its Power4Steel decarbonisation project, including a direct reduction plant & two electric arc furnaces in Saarland. Leaders like Stefan Rauber & Dr Peter Maagh highlighted this as pivotal for achieving CO₂ neutrality by 2045, with plans to reduce emissions by 70% by the early 2030s. Early public engagement, technical planning & strong regional cooperation helped fast-track approvals, marking a landmark step for Germany’s green steel ambitions.

Synopsis: -
Metinvest Adria, a joint venture between Ukraine’s Metinvest and Italy’s Danieli, has signed a €3 billion agreement in Rome to revive Piombino’s steel industry, dormant for over ten years. The ambitious project aims to build a next-generation green steel plant, create about 1,100 stable jobs, reduce Italy’s steel imports, and symbolise cross-border cooperation in Europe’s path toward cleaner industry.

Synopsis: -
The Bureau of International Recycling has released a new position paper urging policymakers to set fair, data-driven standards for green steel. Led by President Susie Burrage and Director General Arnaud Brunet, BIR calls for lifecycle-based measures, higher recycled content, and removal of export barriers to truly cut emissions and boost circular solutions.

Synopsis: -
Ovako’s FY2024 Sustainability Report presents a landmark narrative of its journey to decarbonise steel production. Under President & CEO Marcus Hedblom, the firm reported a 59% reduction in carbon emissions per metric ton since 2015 and a cradle-to-gate carbon footprint now 80% below the global average. From modernising its Boxholm furnace to fostering customer-driven innovation, Ovako’s achievements reinforce its vision to produce high-quality, recycled steel for a decarbonised society while sustaining one of Europe’s safest workplaces.

Synopsis: -
Magnitogorsk Iron and Steel Works, led by Chief Ecologist Igor Burmistrov, has cut pollutant emissions by over 27% since 2017 through a $670 million investment programme. Key projects include advanced gas cleaning units, sintering plant upgrades and a new coke oven battery complex. MMK’s comprehensive monitoring network ensures transparency as it pursues the Federal Clean Air Project’s targets for 2026.

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Offshore wind developer Ventyr has entrusted DNV to certify the design of turbines and substations for Sørlige Nordsjø II, Norway’s first bottom-fixed offshore wind farm in the southern North Sea. Spanning around 520 square kilometers near the maritime border with Denmark, this pioneering project is set to strengthen Norway’s green energy strategy. Through DNV’s technical precision and Ventyr’s vision, the development aims to create a safe, sustainable & resilient offshore energy infrastructure that meets Norwegian standards and global best practices.

Synopsis: -
Some experts, including Hilary Lewis from Industrious Labs, warn that recent Trump administration moves risk derailing U.S. steel’s progress towards cleaner, modern production. These include delaying tighter EPA emissions rules & subsidizing metallurgical coal, potentially harming health & undermining domestic competitiveness.

Synopsis: -
China unveils ambitious new renewable energy targets for steel, cement & polysilicon sectors, aiming to boost green energy consumption to 25%–70% by 2026. The National Development & Reform Commission’s plan also raises province-level goals, reinforcing China’s shift toward solar & wind as installed capacity surpasses 2.09 billion kW.

Synopsis: -
Industrious Labs criticises the Trump administration’s tax bill for subsidising metallurgical coal by labelling it a “critical mineral,” arguing it will worsen global carbon emissions. The non-profit points to data showing the U.S. exported 46 million metric tons of met coal in 2023, driving over 123 million metric tons of CO₂ emissions abroad & undermining clean steel efforts by firms like Cleveland-Cliffs & Hyundai.

Synopsis: -
Algoma Steel Group Inc. has produced its first steel at Unit One of its new electric arc furnace project in Sault Ste. Marie, Ontario. This milestone marks Canada’s largest industrial decarbonization project, aiming to cut carbon emissions by up to 70% while strengthening Algoma’s position in green steel production.

Synopsis: -
Boston Metal has secured $51 million in a convertible note from investors including BHP Ventures, Breakthrough Energy Ventures, Piva Capital and SiteGround to advance its critical metals plant in Brazil and build on recent progress in its green steel technology. The funding reflects strong backing for Boston Metal’s patented Molten Oxide Electrolysis platform and its vision for cleaner, scalable global metals production.

Synopsis: -
Tata Steel UK has launched the ADAPT-EAF research project in partnership with Cambridge University, Imperial College London, and the University of Warwick. Backed by £7 million funding and supported by the EPSRC Prosperity Partnership, this ambitious programme combines artificial intelligence, metallurgy, and rapid alloy prototyping to produce low-carbon, high-performance steels, marking a significant move towards a cleaner, smarter, and greener future for UK steel.

Synopsis: -
Turkey is gaining a competitive export advantage in the EU by producing 70% of its steel via electric arc furnaces, well above the global average, resulting in lower carbon intensity and offering competitive pricing, according to PASID analysis reported by SteelOrbis.

Synopsis: -
Turkish stainless steel maker Sarıtaş Paslanmaz Çelik is expanding its solar power capacity at its Gebze plant to increase renewable energy use to 55%, reinforcing its green steel ambitions and improving environmental credentials. The move aligns with its ongoing investments in an integrated mill in Yalova and broader sustainability strategy.

Synopsis: -
Karachi-based International Steels Limited, Pakistan’s largest flat steel producer, has successfully completed a 6.4 megawatt solar power project. Announced by CEO Samir M. Chinoy, this milestone delivers over 8 million kilowatt-hours of renewable energy annually, curbing fossil fuel dependence and avoiding thousands of metric tons of carbon dioxide emissions. The project not only advances national climate goals but also reinforces ISL’s ESG strategy and aligns with global Sustainable Development Goals.

Synopsis: -
EUROFER has raised alarms over the European Commission’s proposed 90% climate target by 2040, warning it risks accelerating deindustrialisation of Europe’s steel sector. EUROFER’s Director General Axel Eggert emphasised that while the industry backs climate neutrality by 2050, urgent policy actions like the Steel and Metals Action Plan, CBAM enforcement & access to low carbon energy are crucial for sustainable transition.

Synopsis: -
South Australia’s ambition to lead global green iron and steel production faces risk as gas interests push for flawed carbon capture technology. Analysts including Simon Nicholas of IEEFA warn that carbon capture cannot meet the emissions cuts needed, leaving Whyalla’s Green Iron and Steel Strategy in peril.

Synopsis: -
SSAB & Swerim in Luleå, Sweden have developed a method using nepheline syenite & calcium carbide to cut hot metal losses during desulphurization in steelmaking. Their collaborative study, funded by the Swedish Energy Agency via Jernkontoret, shows about 25% fewer losses, boosting production efficiency & quality.

Synopsis: -
Verbio, a pioneer in green fuel, has expanded its unique straw biomethane technology beyond Germany to the USA and India. Working closely with long-time partner BUTTING Anlagenbau, Verbio refines surplus straw into climate-friendly fuels like BioCNG and BioLNG, alongside valuable byproducts supporting agriculture and industry.

Synopsis: -
SSAB Alabama Inc., backed by the Alabama Department of Environmental Management, tested crumb rubber from scrap tires as a partial replacement for petroleum coke in steelmaking. The trials found no negative impact on steel quality, offering a greener path for tire waste & steel production alike.

Synopsis: -
voestalpine AG and VERBUND are expanding their flagship green hydrogen facility, H2FUTURE, in Linz, Austria. This €16.4 million project enhances hydrogen production, compression, purification, storage, and delivery, pushing boundaries in decarbonizing steelmaking. The pilot plant will support voestalpine’s greentec steel roadmap while VERBUND ensures steady hydrogen supply using innovative storage systems. The upgraded system is expected to start functional testing by January 2026 and deliver key research outcomes by end of 2026.

Synopsis: -
Klöckner & Co SE CEO Guido Kerkhoff emphasized at EUROMETAL’s 75th Anniversary that green steel is vital for Europe’s climate goals. Through its Nexigen® system, the German steel supplier ensures full transparency of carbon emissions across the supply chain while warning that green steel demand may outstrip supply by 2030.

Synopsis: -
Jindal Steel Duqm, a subsidiary of the Naveen Jindal Group, is set to launch a 5 million metric ton per annum hydrogen-enabled green steel plant in Duqm, Oman, by 2028. The $3 billion project, featuring two Direct Reduced Iron modules, aims to transition from natural gas to green hydrogen by 2033, backed by local renewable energy ventures initiated by the Government of Oman.

Synopsis: -
Singapore-based Meranti Green Steel is advancing its plans to establish a major low-carbon steel plant in the Special Economic Zone at Duqm, Oman. The project highlights Oman’s strategic ambition to become a global green steel hub, combining Meranti’s sustainable metallurgy expertise with Duqm’s industrial infrastructure.

Synopsis: -
HitecVision has completed the acquisition of a majority stake in Vow Green Metals, unlocking €9 billion in industrial backing to scale biocarbon production across Norway. Vow Green Metals now targets output of 200,000 metric tons by 2030, with new plants planned in Hønefoss, Østfold, and Orkland.

Synopsis: -
Tata Steel is building a new Pickle Line at its Port Talbot site as part of its £1.25 billion decarbonisation plan. Led by engineer Phil Bridges, the project will rejuvenate dormant infrastructure and reduce CO₂ emissions by 90 % to support its upcoming 3 Mtpa electric arc furnace.

Synopsis: -
EuRIC cautions that last week’s ENVI IMCO vote on the EU End of Life Vehicles Regulation sets recycled content targets too low and leaves loopholes that could stifle investment and delay a genuinely circular automotive sector. The European Commission, EU Parliament, and recyclers like EuRIC and EUROFER are now engaged in complex negotiations to strengthen the policy.

Synopsis: -
DNV and ACCIONA Energía have partnered to repurpose second-life batteries from electric scooters into energy storage systems, aiming to support EU circular economy goals and reduce environmental impact. This pioneering project, supported by integrator Beeplanet, includes a 1 MW prototype and a full safety and compliance assessment by DNV based on European standards.

Synopsis: -
A recent opinion by Manini of the Observer Research Foundation warns that the European Union’s Carbon Border Adjustment Mechanism will severely impact India’s steel MSMEs. Despite temporary exemptions, these small players must quickly adopt decarbonised processes like scrap-based Electric Arc Furnaces & renewable energy to avoid exclusion from global markets and secure their place in green global trade.

Synopsis: - HGK Shipping and Salzgitter AG have launched the "Blue Marlin," a revolutionary diesel-electric cargo vessel, in Hamburg. Featuring solar-powered propulsion, remote-controlled navigation, and low-water optimization, the ship redefines sustainable inland waterway transport across the German canal network, enhancing the eco-efficiency of Salzgitter’s steel logistics.

Synopsis: - Subaru, Toyota and Mazda have jointly pledged to develop a new generation of compact internal combustion engines that align with carbon neutrality and electrification goals. This initiative will enhance engine efficiency, reduce size and emissions, and enable compatibility with clean fuels such as e-fuel, hydrogen, and biofuels.

Synopsis: -
The European Commission has presented a new legislative proposal to reduce greenhouse gas emissions by 90% by the year 2040 compared to 1990 levels. EU Climate Commissioner Wopke Hoekstra underlined that this interim target is essential for guiding cleantech investment and solidifying the EU’s global position before the COP30 summit in Brazil, although it has ignited tensions among EU member states concerned about industrial competitiveness.

Synopsis: -
Climate Group’s Sameen Khan highlights how the absence of transparent, consistent environmental data across steel supply chains is hindering global decarbonisation. Companies are eager to choose low-carbon steel, but without shared standards & visibility, progress toward green steel remains disjointed & delayed.

Synopsis: -
Jürgen Kerner, deputy chairman of Thyssen Krupp’s supervisory board and IG Metall vice president, demands urgent government backing and a transformative culture shift to support climate neutral steel, especially as peers like Arcelor Mittal abandon green plans.

Synopsis: -
Delegates at Fastmarkets’ Green Steel Summit heard from industry leaders like Fernando Pessanha Santos of Hydnum Steel and José Noldin of GravitHY about the overlooked yet powerful green credentials of charcoal based pig iron. While Brazil dominates global supply, Europe remains cautious amid supply, pricing & regulatory gaps.

Synopsis: -
Mashreq Bank has granted AED126 million green financing to Arabian Gulf Steel Industries for low-carbon steel production, while Masdar & EMSTEEL have launched a hydrogen-based green steel pilot, reinforcing the UAE's ambitious Net Zero 2050 strategy. These projects signal the nation's emergence as a global hub for decarbonized steel manufacturing.

Synopsis: -
The European Union's Research Fund for Coal & Steel will begin financing dual-use steel projects from 2026, merging environmental innovation with defence priorities. Sebastiano Fumero of the European Commission confirmed this shift aligns steel funding with evolving EU geopolitical and climate agendas.

Synopsis: -
Beltrame Group in Europe has embraced scrap as a core input for sustainable steel production. Over 95% of its steel content comes from recycled materials, reinforcing its green goals & reducing dependence on iron ore, according to Carlo Beltrame.

Synopsis: -
Trane Technologies is using green steel from Arkansas plants, including Nucor Yamato, Big River Steel, and Hybar, in its U.S. HVAC factories, thanks to a new partnership with top executives like Chance Hollingsworth. This initiative marks a major step toward sustainable supply chains and carbon reduction.

Synopsis: -
Steel Dynamics has received the prestigious 2025 Volkswagen Group Award for Sustainability, recognising its commitment to low-carbon steel production, recycling practices & circular economy operations. Chairman Mark D. Millett attributed the honour to the company’s focus on innovation, efficiency & environmental excellence.

Synopsis: -
Climate Group and 62 allied firms & civil society bodies have urged the European Commission to retain its 30% climate & 10% biodiversity spending targets in the post-2027 budget. The joint appeal, addressed to President Ursula von der Leyen, stresses the existential need to invest in decarbonisation, renewable infrastructure & ecosystem preservation to uphold Europe's competitiveness and safeguard public health.

Synopsis: -
The European Commission has launched a public consultation to review CO₂ emission standards for new cars & vans and the Car Labelling Directive. Stakeholders, including citizens, industry players, & civil society, are invited to provide feedback to help guide future regulations aimed at zero-emission mobility.

Synopsis: -
The 75th anniversary event of EUROMETAL, held in Luxembourg, brought together major voices in Europe's steel industry including Marcegaglia, Tata Steel, and Eurofer to address decarbonization, trade measures, CBAM, and green steel. Key issues included energy costs, green steel pricing, and import threats.

Synopsis: -
Adani Ports & SEZ unveiled India’s first steel slag road in Hazira Port, claiming it supports sustainability. However, Dutch media reports have raised concerns over the presence of toxic metals in slag, questioning its long-term environmental safety.

Synopsis: -
ArcelorMittal Brasil’s sustainability strategy, led by Guilherme Abreu, focuses on increasing scrap content, replacing mineral coal with gas, boosting use of vegetal coal, improving energy efficiency, and generating renewable power in-house.

Synopsis: -
Chilean steelmaker Aza Aceros has partnered with Molycop to start recycling used grinding balls, reinforcing its commitment to circular economy practices and sustainable steel production in the region.

Synopsis: -
Ternium has released its 2024 Sustainability Report, highlighting its progress, challenges, and key achievements in promoting environmental stewardship, community development, and responsible industrial practices across all its operations.

Synopsis: -
US lawmakers passed the “One, Big, Beautiful Bill Act,” cutting electric vehicle incentives after September, while adjusting hydrogen tax credits and keeping critical mineral support intact. Key stakeholders include Kenneth Lamont of Morningstar, Frank Wolak of the Fuel Cell and Hydrogen Energy Association, and mining industry groups.

Synopsis: - Turkey has passed its first climate law to establish a national carbon market aiming to reach net-zero emissions by 2053. The move includes an emissions trading system to be supervised by the Carbon Market Council & executed through Energy Exchange Istanbul.

Synopsis: -
The Ukrainian Union of Industrialists & Entrepreneurs urged the government to officially request the European Commission to delay the Carbon Border Adjustment Mechanism, warning that immediate enforcement from 2026 could harm the economy, especially metallurgy, chemicals, & cement industries.

Synopsis: -
Jindal Steel & Power Limited Angul has issued an Expression of Interest to invite buyers for 3,600 metric tons per day of captured carbon dioxide, a major step in advancing carbon commerce in India.

Synopsis: -
Brazilian steelmaker Gerdau has won the EXAME award for best ESG performance in the Steel & Mining category. CEO Gustavo Werneck reaffirmed the firm’s commitment to sustainability, ethics, and social responsibility.

Synopsis: -
Turkey’s Oyak has expanded its energy footprint by acquiring a majority stake in Isken, marking a strategic step toward securing energy supply & boosting industrial integration.

Synopsis: -
Visakhapatnam Steel Plant under Rashtriya Ispat Nigam Limited has invited bids to restore a 5 MW solar power plant, aiming to reinforce its clean energy goals through a turnkey project model.

Synopsis: -
Norway’s Amon Maritime has launched Amon Bulk to build the world’s first large zero-carbon ammonia-fueled bulk carriers, backed by NOK 253 million from Enova under the Ministry of Climate & Environment.

Synopsis: -
Fortescue, in collaboration with Trovio and the Green Hydrogen Organisation, has completed the world’s first digital fuel certificate for an ammonia-to-ship transfer in Rotterdam, marking a historic moment in maritime sustainability.

Synopsis:
The European Commission launched a public consultation until August 26 on expanding the Carbon Border Adjustment Mechanism to include downstream products, prevent circumvention tactics, & revise electricity emissions accounting to reduce carbon leakage & enhance climate effectiveness.

Synopsis:
European steel industry employing over 300,000 people faces threats from global overcapacity & unfair trade practices, prompting EUROFER to host a conference alongside the European Parliament exhibition to discuss urgent Steel Action Plan measures for securing green investments & protecting jobs.

Synopsis:
JFE Steel has awarded Italian technology giant Danieli a major contract to build one of the world's largest electric arc furnaces at its West Japan Works in Kurashiki, featuring advanced digital controls & scheduled for 2028 operation.

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POSCO partnered with Swiss kitchenware manufacturer Franke to launch premium eco-friendly stainless steel sinks using carbon-reduction materials that increase scrap usage to over 90% & reduce carbon emissions by 60% compared to standard environmental declarations.

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BHP awards charter contracts to COSCO Shipping for two ammonia dual-fuelled Newcastlemax bulk carriers expected from 2028, capable of reducing greenhouse gas emissions by up to 95% compared to conventional vessels while transporting iron ore from Western Australia to Northeast Asia.