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The European Commission's "preferred option" for the EU's 2040 greenhouse gas (GHG) emissions reduction target is 90-95pc — from 1990 levels — according to a draft document.

The UK government is putting Tata Steel at a disadvantage compared with its European peers with the comparatively low level of funding it is providing to help the company decarbonise.

Trade unions want the UK government to commit more cash to Tata Steel, enabling it to invest more in decarbonising south Wales' Port Talbot plant.

Brazilian mining company Vale expressed optimism about the growth prospects of the Chinese economy and asserted its strategic position to contribute to China's high-quality development.

In a significant move towards environmental sustainability, Baosteel and ExxonMobil have formalized their commitment to collaborate on low-carbon solutions.

In a landmark agreement, ArcelorMittal France, a subsidiary of the world's leading steelmaker ArcelorMittal, has joined forces with French state-owned energy supplier EDF Energy.

In a strategic move towards sustainable growth, South Korean steel giant POSCO has triumphed in a green bond issuance.

"Four Modernizations" and "Four Have" complement each other, enhancing Baowu's innovation and value creation abilities.