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Policy
Australia
2023
ARENA Low emissions Iron and Steel Round
Round offers funding for research that can significantly reduce emissions across the steel value chain in the near and long term.
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Policy
Mexico
2022
Import tariff inflexion on iron and steel products
The Mexican government adopted a Decree modifying the import duties of various iron and steel products classified under chapter 72, including wind powers towers (HS 7308.20).
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Policy
India
2022
2022 Export Duty withdrawal (Iron Ore and Pellets)
An Export duty was implemented by the Indian government on iron and other steel intermediates from May to November 2022. The duty rate was 50% for low-grade iron ore lump exports and 45% tax for pellets exports
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Policy
Republic of Turkiye
2024
2024 Import duty on Steel products
In January 2024, Turkiye implemented increased import tariffs on flat iron and steel products, including alloyed galvanized sheets with a width of 600mm, hot-rolled sheets with a width of 600mm, 600mm cold-rolled sheet and stainless steel cold-rolled sheets.
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Policy
Germany
2023
Direct grant and conditional payment to ThyssenKrupp Steel
In 2023, the Commission approved a EUR 550 million (~USD 579 million) direct grant and conditional payment mechanism of up to EUR 1.45 billion (~USD 1.53 billion) to support ThyssenKrupp Steel Europe in decarbonising its steel production and accelerating renewable hydrogen uptake. In July 2023, Habeck and Neubaur handed over a funding notice worth EUR 2 billion for the project tkH2Steel. Start of operation of the new DRI plant was planned for end of 2026 with a capacity of 2.3 Mtpa direct reduced iron.
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Policy
Serbia
2026
Law on the Tax on Import of Carbon-Intensive Products
The legislation targets specific categories of goods, including iron, steel, cement, fertilizer, and aluminum, by imposing a levy based on their associated greenhouse gas emissions. The tax rate is set at four euros per ton of CO2 equivalent.
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Policy
Republic of Turkiye
2021
Green growth technology roadmap
The roadmap identifies technological needs and solutions for climate change adaptation and mitigation in critical sectors like Iron and Steel, Aluminium, Cement, Chemical, Plastic, and Fertilizer. It also set targets for 2026, 2030, and 2035 to achieve Türkiye's 2053 net zero emission target.
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Policy
People's Republic of China
1997
Emission standards for pollutants from atmospheric sources
There are emission standards for pollutants from atmospheric stationary and mobile sources, ranging from the iron and steel to mineral wool to pharmaceutical industry.
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Policy
Malaysia
2026
Malaysia Carbon Tax
Malaysia’s Minister of Finance has announced that Malaysia will start imposing a carbon tax on the iron, steel and energy sectors starting in 2026.
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Policy
Nigeria
2020
Strategic Minerals List
On 18 June 2020, the Nigerian Minister of Mines and Steel Development announced the designation of seven strategic minerals for the country in a forum organised by the Nigerian Economic Summit Group. The seven strategic minerals are coal, iron ore, bitumen, gold, limestone, lead-zinc and barite. Alongside the seven named minerals, the ministry also indicated interest in other critical minerals for the future, including "titanium, tungsten, lithium and cobalt, which have various applications in futuristic industries such as aerospace, telecoms and electric vehicle manufacturing." The intent of the designation was to stimulate resource-based industrialisation and unlock potential in…