Without market prices for energy resources, the company will be on the verge of closure, and tens of thousands of people will be out of work

2024-2025 will be marked by a large number of M&A deals in the iron and steel industry, transforming the landscape of the global steel industry

The industry faces high energy prices and excessive regulation

The proposal was made against the backdrop of the cancellation of green projects in the country

World crude steel production for the 70 countries reporting to the World Steel Association (worldsteel) was 158.8 million tonnes (Mt) in May 2025, a 3.8% decrease compared to May 2024.

UK-based steelmaker British Steel has announced its support for a £22million project aimed at strengthening domestic steel

India's Tata Steel Limited is planning to begin construction of its low-carbon electric arc furnace (EAF) at its Port Talbot mill in UK in July 2025

World crude steel production for the 69 countries reporting to the World Steel Association (worldsteel) was 155.7 million tonnes (Mt) in April 2025, a 0.3% decrease compared to April 2024.