Parliament backed the EU's world-first plan to phase in a levy on imports of high-carbon goods from 2026, targeting imports of steel, cement, aluminium, fertilisers, electricity and hydrogen.

China's GDP up 4.5% in Q1

Largo Reports First Quarter 2023 Operational and Sales Results

Indian private-sector producer Tata Steel registered its highest crude steel production of 19.9mn t and sales of 18.9mn t during the April 2022-March 2023 period.

Japan's sales of domestic passenger electric vehicles (EVs) more than doubled on the year in March, but their share in total domestic car sales was down from the previous month.

Indian private-sector steelmaker JSW Steel has successfully bid for the Jaisinghpura south iron ore block located in Ballari, Karnataka in an auction held in March.

Its iron ore sales fell by 5.7pc to 38.25mn t during the same period.

According to Russia-based SpetsStal Association, in March 2023, Russia's stainless steel imports totaled 39,940 mt, a month-on-month increase of 84%.