UK to Abolish Carbon Price Support

UK to Abolish Carbon Price Support: A Reform Driven by Economics — and Politics

The UK Government has confirmed that Carbon Price Support (CPS) will be abolished from April 2028, marking a notable adjustment in the UK’s carbon pricing framework and raising questions about whether the move is primarily a technical correction or a politically timed intervention amid rising energy pressures. Announced in Parliament by Dan Tomlinson, Exchequer Secretary
ESG in the Steel Industry Navigating the Path to Sustainable Growth

ESG in the Steel Industry: Navigating the Path to Sustainable Growth

Environmental, Social and Governance (ESG) considerations have become central to strategic decision‑making in the steel sector. The World Steel Association (Worldsteel) has been reporting the industry’s sustainability performance since 2004 and collects data from up to eight indicators. In 2021, 94 steel companies provided data covering over 1 billion tonnes of crude steel—about 54 %
Global Cement and Concrete Market Expected to See Moderate Growth

Global Cement and Concrete Market Expected to See Moderate Growth

The global cement and concrete market continues to navigate a complex landscape shaped by macroeconomic uncertainties, shifting demand patterns, and speeding up sustainability imperatives. In 2024, the industry showed moderate growth despite ongoing headwinds, and early indicators in 2025 suggest cautious optimism, particularly in Asia and parts of the Middle East. Global cement consumption edged
Impact of tariff policies on steel Under Trump’s second term

Impact of tariff policies on steel Under Trump’s second term

The re-election of Donald Trump has brought renewed focus to the US steel industry, particularly regarding the potential impact of expanded tariffs. His administration’s proposed policies, including a significant 60% tariff on steel imports from China and increased scrutiny on trade with Canada and Mexico, are poised to reshape the industry in ways reminiscent of

Steel Market update 2024

As of late 2024, the steel market is seeing mixed signals across different regions, primarily influenced by shifts in demand, supply chain issues, and geopolitical tensions. Here are some key points: In the United States, demand remains steady but has cooled compared to the post-pandemic surge, with the automotive and construction sectors facing softer demand.

Middle East Cement Market Analysis: Navigating Construction Growth, Supply Challenges, and Market Opportunities

The Middle East is renowned for its dynamic construction sector, reflecting a combination of population growth, urbanisation, and extensive infrastructure development. Central to this construction boom is the cement market, a critical element in the region’s ongoing economic transformation. In our latest market analysis, we analyse the Middle East market in-depth dissecting the intricacies of
Embracing Green Packaging A Constant Commitment to Sustainability

Embracing Green Packaging: A Constant Commitment to Sustainability

In a world where environmental consciousness is increasingly taking centre stage, businesses are recognising the need to shift their practices towards a more sustainable future. One of the crucial areas where this transformation is occurring is in packaging. Green packaging, or sustainable packaging, has become a constant commitment for companies aiming to reduce their environmental
Revolutionising Steel Industry The Unprecedented Role of Artificial Intelligence

Revolutionising Steel Industry: The Unprecedented Role of Artificial Intelligence

At its core, the marriage of Artificial Intelligence (AI) and steel production represents a symbiotic relationship where each entity enhances the other’s capabilities. AI technologies, particularly machine learning and predictive analytics, are providing steel manufacturers with the tools to optimize processes, predict maintenance needs, and even anticipate market demand with unprecedented accuracy. One of the
The steel industry faces serious challenges after Covid-19

The steel industry faces serious challenges after Covid-19

The COVID-19 pandemic had a significant impact on the steel market, affecting the entire supply chain from raw material production to finished goods. However, as the world begins to recover from the pandemic, the steel market is expected to bounce back and grow steadily. The pandemic caused a drop in steel demand as industrial production

Hydrogen Application in the Cement Industry: A Promising Pathway to Decarbonization

The cement industry is one of the largest emitters of carbon dioxide (CO2) globally, accounting for over 7% of total CO2 emissions. As countries aim to meet their climate goals under the Paris Agreement, there is growing pressure on industries to decarbonize. Hydrogen, with its zero-emissions profile, has emerged as a promising pathway for decarbonization
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