Symbolic of this seismic shift, the Japanese metals giant Nippon Steel – citing those dwindling sales figures – has announced the end of its 20-year joint venture with Baosteel, the …
Start-up CM Xiageng Hydrogen Energy Technology, a green hydrogen equipment maker backed by the Fujian government and conglomerate China Merchants Group, plans to quadruple its output. It is rushing to …
New tariffs from Mexico could be an ill omen for Chinese exporters as global supply chains shift, with the Latin American country looking to balance its economic interests against pressures …
China’s steel sector could cut its greenhouse-gas emissions by over a tenth from current levels by next year if the country gets more ambitious about adopting cleaner production technology, according …
H&M Group has joined forces with Vargas Holding to launch Syre, a new venture “to rapidly scale textile-to-textile recycled polyester”. It’s also backed by TPG Rise Climate. Syre The retailer …
The European Union’s move to implement the world’s first tax on carbon-intensive imports from 2026 could badly hit Chinese steel and aluminium makers, according to Goldman Sachs. The 27-nation bloc …
“Such regulations not only brought additional sustainability requirements for market entry into the private sector, they are also manifested in the EU’s public-sector procurement policies. Some can be considered a …
Exporters of certain carbon-intensive products – including those in China – have six more months to set up systems to collect, calculate and report emissions data to help their European …
US President Joe Biden on Thursday extended the suspension of tariffs on European Union steel and aluminium for two years to continue negotiations on measures to address overcapacity and low-carbon …
Unable to reach a deal that could have resulted in additional tariffs on Chinese metals products, the US and EU at their top-level discussion in Washington agreed to take a …