India to Launch INR 5,000 Crore Mission to Incentivize Green Steel Production
The government is preparing a national mission to incentivize production of sustainable steel in the country, as per media reports. The investment in the scheme is around INR 5,000 crore to support both primary and secondary producers, along with other support measures such as combination of concessional loans, risk guarantees and other financial instruments. Sept […]
Tata Steel UK Breaks Ground On UK’s USD 1.6 Billion Low-Carbon Electric Arc Furnace
Tata Steel UK breaks ground on a USD 1.6 billion Electric Arc Furnace (EAF) in Port Talbot, marking a major decarbonisation milestone. Supported by USD 640 million from the UK Government, the project aims to cut carbon emissions at the site by 90%, or 5 million tonnes of CO₂ annually, while securing the production of […]
