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PTI reported that Indian engineering goods exporters in the MSME segment have sought Prime Minister Mr Narendra Modi’s intervention on rising steel prices, stating that the industry needs the alloy.

Russian steel makers and Gas & Oil giants have signed several agreements to implement green steel making at XXIV St Petersburg International Economic Forum last week.

Reuters reported that according to documents obtained by French online media Contexte, the European Union plans to impose carbon emission costs on imports of goods, including steel.

China’s increased appetite for iron ore has become a problem for neighbor India.

The supply-demand mismatch, or the faster recovery of demand over supply, is to blame for a rise in semiconductor chip and housing prices.

At industry event in Shanghai, ministry officials, experts say net-zero goals key.

He recommended the light show to visitors, which "features performances by the most popular virtual idols", The Beijing News reported.

Economy recovers as investment and exports remain strong, experts say.