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30.06.26 - 10:48
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EU halves duty-free steel quota but UK and other partners given better rate (The Guardian)
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Twelve countries with a free trade agreement with Brussels have their quota reduced by just one-thirdBusiness live – latest updatesThe EU has halved the amount of duty-free steel it will accept from abroad, but has agreed to higher levels of imports for 12 trading partners including the UK.The curbs are designed to reduce cheap Chinese steel coming into the bloc. However, 12 countries with a free trade agreement (FTA) with Brussels, including the UK, have had their quota reduced by just one-third. Continue reading......
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29.06.26 - 13:36
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Govt plans Rs 5,000 crore scheme to help steel industry adopt green technologies (Times of India)
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The government is set to launch a Rs 5,000 crore scheme within three months to boost cleaner technologies in India's steel sector, a major contributor to carbon emissions. This initiative, the National Strategy for Sustainable Secondary Steel, aims to reduce the industry's environmental footprint and align with India's net-zero commitments. While benefiting all steelmakers, secondary producers are expected to receive significant financial backing to adopt sustainable practices....
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