Monthly archives: June, 2020

ArcelorMittal Europe sets out path to net zero by 2050, with pioneering technologies at the forefront of the company’s roadmap for carbon-neutral steelmaking

Europe’s largest steelmaker, unveils breakthrough technologies that will take the company to 30% lower CO2 emissions by 2030, and carbon neutrality by 2050 ArcelorMittal Europe is investing in two routes to carbon neutrality, Smart Carbon and an innovative DRI-based route, in recognition of the need to act now to reduce CO2 emissions, in line with …

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May 2020 crude steel production

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 148.8 million tonnes (Mt) in May 2020, an 8.7% decrease compared to May 2019. Due to the ongoing difficulties presented by the COVID-19 pandemic, many of this month’s figures are estimates that may be revised with next month’s production …

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ArcelorMittal announces results of its General Meetings

The Annual General Meeting and Extraordinary General Meeting (‘General Meetings’) of shareholders of ArcelorMittal (‘the Company’) held today approved all resolutions by a strong majority. 68% of the voting rights were represented at the General Meetings. In view of the Covid-19 outbreak, the Board of Directors of ArcelorMittal had decided to hold this year’s General …

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COVID-19 Compromised Access to 1.85 Million Abortions: Study

Delhi 2020: A recent study conducted by Ipas Development Foundation (IDF) revealed that access to around 1.85 million abortions was compromised due to the restrictions imposed in response to the COVID-19 outbreak. Abortion access for these 1.85 million women was compromised at all points of care, including public and private sector facilities and chemist outlets. …

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Business Correspondents Federation of India appeals for financial support

Financial relief for Business Correspondents Transaction failures and customer angst Drop in remittances and outlook Liquidity challenges of BCs facilitating credit MSME and KCC loans through BC channel New Delhi, June 4, 2020: The Business Correspondents Federation of India organized a round table to discuss the contribution of the Business Correspondents during the lockdown and …

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worldsteel Short Range Outlook June 2020

June 2020 Brussels, Belgium The World Steel Association (worldsteel) today released its Short Range Outlook (SRO) for 2020 and 2021. In 2020 worldsteel forecasts that steel demand will contract by 6.4%, dropping to 1,654 Mt due to the COVID-19 crisis.  In 2021 steel demand is expected to recover to 1,717 Mt, an increase of 3.8 % …

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INDIA JOINS UK’S GLOBAL VACCINE MISSION

The UK today (4 June) organised the Global Vaccine Summit 2020, helping secure US$7.4 billion (approximately £6 billion) in funding to support global vaccine supply and immunisation. The virtual event saw representatives of more than 50 countries – business leaders, UN agencies, civil society, government ministers, Heads of State and country leaders, including Prime Minister …

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