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FILE PHOTO: The logos of Nippon Steel Corp. are displayed at the company headquarters in Tokyo, Japan March 18, 2019.   REUTERS/Yuka Obayashi/File Photo
AnalysisBusinessEconomyIndustryInfrastructurePoliticsRegulationsTrade

China exports push Nippon Steel to seek growth in US, India after blocked deal

Nippon Steel eyes U.S. and India for growth, countering China’s exports amid declining domestic demand and blocked U.S. bid.

Workers load steel products for export to a cargo ship at a port in Lianyungang, Jiangsu province, China May 27, 2020. China Daily via REUTERS/ File Photo
CoalEmissionsGreen SteelHydrogenManufacturingNews

Big steelmakers failing to make the switch to renewables, survey shows

Steel is responsible for 7% of global CO2 emissions, with coal-fired blast furnaces producing 2 tons of CO2 for each ton of output.

FILE PHOTO: A labourer works inside a steel factory in the northern Indian city of Kanpur July 20, 2009. REUTERS/Pawan Kumar (INDIA BUSINESS)/File Photo
BusinessClimateEmissionsEmissions MarketsGreen SteelIndustryNews

Analysis: New green steel firms could reap rewards as EU carbon tariffs loom

New and strengthened rules in the EU against supply chain carbon emissions provide an opportunity for green steel producers.

FILE PHOTO: A worker stacks steel pipes in the western Indian city of Ahmedabad November 4, 2014.  REUTERS/Amit Dave/File Photo
BusinessConstructionInfrastructureManufacturingNewsTrade

Thaw in China ties unlikely to deter India’s plans for steel tariffs, source says

China's surging steel exports spark complaints from a growing number of countries, with some citing harm to domestic manufacturers.

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