ArcelorMittal makes first investment through its XCarb™ innovation fund

Initial $10 million investment part of broader partnership established with Heliogen ArcelorMittal (‘the Company’) today announces the completion of its first XCarb™ innovation fund investment since launching the initiative in March 2021. The Company has invested an initial $10 million in Heliogen, a renewable energy technology company which focuses on ‘unlocking the power of sunlight …

World Steel in Figures 2021 now available

The World Steel Association (worldsteel) has published the 2021 edition of World Steel in Figures. The publication provides a comprehensive overview of steel industry activities, stretching from crude steel production to apparent steel use, from indications of global steel trade flows to iron ore production and trade. Edwin Basson, Director General, worldsteel, said, ‘We have said …

Investing Less than 1% of World GDP into Nature-Based Solutions Can Tackle Climate Change and Biodiversity Crisis

New study finds tripling of current investments into nature-based solutions needed by 2030 to tackle the climate crisis, otherwise there will be a $4 trillion financing gap  Today, just one tenth of 1% of global GDP is invested in nature-based solutions Scaling up of private capital for nature-based solutions is one of the central challenges …

70% of SOC Teams emotionally overwhelmed by Security Alert Volume

Trend Micro study reveals the human cost of underpowered Security Operations Centers  Bangalore, May 28, 2021 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today released results from a new study that reveals SOC and IT security teams are suffering from high levels of stress outside of the working day—with alert …

Public Broadly Positive on Vaccines as a Personal Choice

Six-month study found five insights into the current public view on all types of vaccines Messages on social media received more positive response if they focused on personal choices and gratitude for being vaccinated rather than “moral obligations” to do so People with low confidence in vaccines have two main concerns: low trust in the …

COVID-19 has Sparked a New Wave of Innovation Across Consumer Industries, According to Accenture Research

Successful consumer-facing companies are repurposing physical locations, exploring new business models, and rapidly adopting advanced analytics and other disruptive technologies to find new sources of growth NEW DELHI; May 25, 2021 — The COVID-19 pandemic has changed the way people live, work and socialize, accelerating demand for innovation, as retailers, consumer goods, and travel companies shift from reacting to the crisis to reinventing …

April 2021 crude steel production

21 May 2021 Brussels, Belgium World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 169.5 million tonnes (Mt) in April 2021, a 23.3% increase compared to April 2020. Crude steel production by region Africa produced 1.3 Mt in April 2021, up 93.9% on April 2020. Asia and Oceania produced …

Resilience Needed to Jump Start Final Stages of Energy Transition, Study Finds

Nordic countries, including Sweden, Norway and Denmark, have maintained their leading positions on the Energy Transition Index (ETI), driven by strong progress in environmental sustainability.  Only 13 out of 115 countries have made steady gains in ETI scores in the past decade, highlighting that progress has been uneven. The energy transition requires a full transformation …