STEEL THOUGHTS: EURPE MUST MAKE A CHOICE ON THE STEEL INDUSTRY

Rio Tinto (ASX: RIO) and Imperial College London launched on Monday the Rio Tinto Centre for Future Materials

European steelmakers will begin to sag in investments

The industry association is calling for immediate action rather than incremental improvements

In October 2024, Iran produced 3 million tons of crude steel, contributing to its total output since January.

India and the European Union (EU) have finalized an extensive roadmap for the green hydrogen sector that includes development of infrastructure, technology cooperation and boosting supply chains

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 151.2 million tonnes (Mt) in October 2024, a 0.4% increase compared to October 2023.

The new plant, worth €2.5 billion, will contribute to the decarbonization of steel production and the strengthening of economic cooperation