The government of India has held discussions with a number of countries, including Japan and Germany, for future exports of hydrogen from India, said union power minister R K Singh. Singh, who is also the minister for new and renewable energy, informed that India is aiming to produce 20 million tonnes (MT) of green hydrogen […]
India and Japan have agreed to extend clean energy partnership to cover EVs, battery storage and green hydrogen as the two Asian countries follow the path of net-zero carbon emission. The India-Japan clean energy partnership statement was issued, detailing areas of cooperation, after Japanese Prime Minister Kishida Fumio met India Prime Minister Narendra Modi for […]
The total global crude steel production in 2021 was pegged at 1,950.5 million tonnes, a 3.7% increase compared to 2020. However, world crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 158.7 million tonnes in December 2021, a 3.0% decrease compared to December 2020. The 64 countries accounted for […]
The world economy is set to surpass $100 trillion for the first time in 2022, two years earlier than previously forecast, according to the Centre for Economics and Business Research. Global gross domestic product will be lifted by the continued recovery from the pandemic, although if inflation persists it may be hard for policy makers […]
More than $2 trillion of investment would be required in equipment and infrastructure to sustain the accelerating global momentum towards establishing hydrogen as a competitive element of a net-zero carbon emissions economy by 2050, the Green Metals and Hydrogen symposium disclosed. The year 2030 is viewed by key industry participants as a critical time when […]
Japan’s Nippon Steel reiterated its plans to raise the crude steel production capacity of its ArcelorMittal Nippon Steel India (AM/NS India) joint venture as well as to establish an integrated steel mill in Asia, the steelmaker said as part of its global expansion plans. Under consideration are plans to expand the capacity of AM/NS India, […]
Global crude steel production declined in September, marking the fourth straight month of month-over-month declines. September global crude steel production fell to 144.4 million tonnes, the World Steel Association reported last week. Metals producers around the world have felt the burden of rising energy costs. Zinc prices, for example, have since retraced but earlier this month […]
Copper’s surge to record levels this year is spurring buyers in a key consumer market to mull cheaper alternatives, in an early sign of how high prices might destroy demand. Consumption is at risk in air conditioners, an industry that accounts for a sizeable portion of global copper demand. In China, a state researcher is […]
The Olympic cauldron, for the first time in Olympic history will be powered with hydrogen and will expectedly shine a new light on the opportunities for clean energy in Japan and across the planet. Hydrogen is being used for the first time to fuel the Olympic torch during its journey through Japan for Tokyo 2020, […]
The United States has temporarily waived sanctions on Iranian oil funds abroad but without returning Tehran’s access to its bank accounts in Japan and South Korea. “Allowing these funds to be used to repay exporters in these jurisdictions will make those entities whole with respect to the goods and services they exported to Iran, address a recurring […]
