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...Steel has none of the sensitivities of high-tech social media; US Steel is not a direct supplier to the military....
...More than $1.6bn of the awards involve hydrogen, and come on top of IRA’s tax credit of up to $3 a kilogramme of clean hydrogen, as well as its subsidies for clean energy production....
...That debate over the oil and gas industry’s future is now set to take place against the backdrop of up to 2,800 job cuts planned at Tata Steel’s steelworks in Port Talbot, Wales, as it moves from blast furnaces...
...sohohome.com Oval curve mirror by Chelsea Vivash, £480 In a marquetry frame handmade from a variety of wood veneers. chelseavivash.co.uk Knotty Miro hook by Dokter and Misses, R1,680 (£69) The powder-coated steel...
...On Monday, US Steel announced that it would sell itself to Nippon Steel of Japan at an enterprise value of $15bn....
...Yet a full-scale conversion to clean steel production risks worsening their already rickety global competitive position....
...Yellen said China’s previous excess production of metals such as steel and aluminium had damaged the global economy — and warned that similar oversupply of clean energy products, including solar, electric...
...Whether the acquisition is approved or blocked by US authorities for national security reasons, Nippon Steel’s current dilemma has significant implications for Japan Inc as companies pursue growth outside...
...In India, when the Tatas started manufacturing steel in Jamshedpur around 1907, they gradually built and developed the town itself. The original town was known as Sakchi....
...Or creating “transition councils” in hard-to-decarbonise sectors such as aviation and steel....
...It sold off several of its other European steel plants to secure a green light from EU’s competition authority....
...A broad range of interests, including companies and financial services groups, have attempted for several years to develop voluntary carbon markets to in essence pay for the shift to clean energy....
...Stainless steel is durable and easy to clean but a poor heat conductor....
...and steel....
...Gucci Design Ancora Gucci’s new creative director Sabato De Sarno signals a clear message with his first design collection: eclectic maximalism is replaced by clean refinement....
...without equipping it with the support needed to meet the steel demand of the clean transition....
...Clean energy is also where the jobs are....
...Capitalism reins in the sale of US Steel In August, Cleveland-Cliffs wrapped its unsolicited bid for US Steel in an American flag....
...On Wednesday, Joe Biden said he would triple tariffs on Chinese steel imports — a pure election gimmick since they only cover 0.6 per cent of total US steel demand....
...reliant on clean hydrogen and electricity....
...Policy risks in other sectors are rising too, from Joe Biden as well as Trump; just look at US Steel....
...But that requires clear rules of the road for “friendshoring”, which have yet to be worked out, as evidenced by the Biden administration’s recent pushback against Nippon Steel’s attempt to acquire US Steel...
...“Our plan for manufacturing will bolster our industrial heartlands, be that clean steel in Wales, a renewable ready port in the Humber, a gigafactory in the West Midlands or carbon capture and storage in...
...However, traditional aluminium conductor steel reinforced cable lines are heavy and the thick steel support limits the volume of aluminium wires, which are responsible for transmission capacity....
...troubled but rare asset formerly owned by resources giant Glencore, had drawn offers worth hundreds of millions of dollars from big names in the mining world eager to gain access to a metal that is crucial to clean...
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