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Japan Considers Response to Steel Imports

China’s steel exports prompt potential action.

Published

2 years ago

October 14, 2024

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Japan is contemplating measures to address the increasing influx of steel exports from China, as concerns rise regarding the impact on the domestic market. A senior official from Japan’s Ministry of Economy highlighted that the government is evaluating the situation and may implement trade policies to protect its steel industry from potential harm caused by cheaper Chinese imports.

The surge in Chinese steel exports is attributed to various factors, including government subsidies and lower production costs, allowing China to dominate global steel markets. This development has raised alarms among Japanese manufacturers, who face heightened competition and pressure on pricing and profitability.

Japan’s steel sector is vital to its economy, contributing significantly to industrial activities and job creation. Thus, safeguarding this industry is crucial for maintaining economic stability. The ministry’s official indicated that Japan may consider imposing tariffs or other import restrictions to counteract the challenges posed by China’s market practices.

In response to the growing concerns, the Japanese government aims to strike a balance between fostering a competitive market and ensuring the sustainability of its domestic steel industry. Collaborative efforts with international partners may also be explored to address the broader implications of Chinese steel exports on global trade dynamics.

As Japan assesses its options, the decision will likely reflect its commitment to maintaining industrial competitiveness while navigating the complexities of international trade relations. The outcome of these considerations could significantly influence the future landscape of Japan’s steel industry and its positioning in the global market, ensuring that it remains resilient in the face of external pressures.

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Cement Firms to Invest Rs. 130 bn in Green Energy by FY28

Cement companies plan to expand clean energy capacity to 6 GW by FY28

Published

2 days ago

September 17, 2026

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India’s major cement companies are set to raise their clean energy capacity to 6 GW by March 2028 from around 4 GW at the end of March 2026, according to ratings agency ICRA. The planned expansion is expected to involve investments of Rs. 130 bn over the next two years.

The additional capacity could generate annual savings of Rs. 62 bn to Rs. 67 bn, resulting in an estimated payback period of 1.8 to 2.2 years. Cement is an emission-intensive industry, and leading producers have established net-zero roadmaps covering the next 15 to 20 years.

The calcination process accounts for 57 to 60 per cent of the sector’s total emissions, while fuel combustion contributes 27 to 30 per cent and electricity consumption accounts for 10 to 13 per cent. ICRA said the figures highlighted the need for a broad decarbonisation strategy involving green power, blended cement, alternative fuels and improvements in clinker efficiency.

Green energy is considered one of the most commercially attractive decarbonisation options because it can reduce emissions while lowering operating costs. Every 5 per cent increase in green power replacement can reduce power and fuel costs by Rs. 15 to Rs. 16 per tonne. A 25 per cent replacement level could therefore save Rs. 75 to Rs. 80 per tonne and expand operating margins by 140 to 160 basis points.

Cement producers are also assessing carbon capture, utilisation and storage, although high implementation costs, energy requirements and limited transport and storage infrastructure are expected to slow commercial adoption. The government has proposed Rs. 200 bn over five years to support deployment across key sectors. Meanwhile, companies are targeting thermal substitution rates of 10 to 15 per cent over the next three to five years, compared with the current industry level of around 6 per cent.

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Centre Defers Clearance for Limestone Mine Near Bustard Habitat

Panel seeks revised mining plan and safeguards for pipelines and wildlife

Published

3 days ago

September 16, 2026

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The Centre has deferred environmental clearance for a proposed limestone mine near a Great Indian Bustard habitat in Ramgarh, Rajasthan’s Jaisalmer district. The critically endangered species has an estimated wild population of about 130 in India.

Concrete

Telangana to Supply Subsidised Cement for Indiramma Houses

Poor families allotted Indiramma houses to receive cement at Rs. 230 per bag

Published

3 days ago

September 16, 2026

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The Telangana government will supply cement at a subsidised price of Rs. 230 per 50-kg bag to poor and low-income families allotted Indiramma houses. The prevailing market price is between Rs. 310 and Rs. 320 per bag, the Assembly was informed on Thursday.