[SMM Steel] Tata Steel and China’s USTB to advance low-carbon steel R&D

Published: Mar 20, 2026 18:17
[SMM Steel] On March 20, 2026, Tata Steel and the University of Science and Technology Beijing (USTB) signed an MoU to co-develop scalable low-carbon steelmaking technologies. The partnership focuses on four strategic areas: scrap steelmaking, scrap resource utilization, end-product performance, and carbon capture (CCUS). By utilizing USTB’s pilot-scale facilities, the collaboration aims to accelerate the industrial deployment of sustainable metallurgical solutions to meet global carbon neutrality targets.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[AVC: July Air Conditioner Domestic Sales Production Schedule Down 15.6% YoY]
1 min ago
[AVC: July Air Conditioner Domestic Sales Production Schedule Down 15.6% YoY]
Read More
[AVC: July Air Conditioner Domestic Sales Production Schedule Down 15.6% YoY]
[AVC: July Air Conditioner Domestic Sales Production Schedule Down 15.6% YoY]
Entering the traditional summer sales cycle of 2026, the industry's production and sales pace has not shown a significant recovery. AVC PSI monitoring data show that in July 2026, the domestic sales production schedule for air conditioners fell 15.6% YoY, and the overall production schedule fell 12.8%. Retail side, the chill in the Chinese market continues to linger. AVC estimated data show that in May 2026, total air conditioner retail sales across all channels fell 10.3% YoY, with online channels (including lower-tier markets) down 8.7% and offline channels down 12.2%.
1 min ago
[SMM Iron & Steel] China Rebar Futures Hit Two-Month Low Amid Weak Demand Outlook
4 mins ago
[SMM Iron & Steel] China Rebar Futures Hit Two-Month Low Amid Weak Demand Outlook
Read More
[SMM Iron & Steel] China Rebar Futures Hit Two-Month Low Amid Weak Demand Outlook
[SMM Iron & Steel] China Rebar Futures Hit Two-Month Low Amid Weak Demand Outlook
China’s rebar futures fell below around 432 USD/tonne, the lowest in two months, as weak economic data and the property downturn weighed on demand expectations. May crude steel output dropped 2.7% YoY to 84.35 million tonnes, while slower fixed-asset investment and consumption further pressured sentiment. Steel exports rose 8.8% MoM in May, but Jan–May exports were still down 8.1% YoY amid rising trade barriers.
4 mins ago
[First-Tier Cities' Property Market Continues to Recover]
5 mins ago
[First-Tier Cities' Property Market Continues to Recover]
Read More
[First-Tier Cities' Property Market Continues to Recover]
[First-Tier Cities' Property Market Continues to Recover]
Around the Dragon Boat Festival, reporters visited Beijing, Shenzhen, and Shanghai and found that viewing numbers and trading volumes for popular new and second-hand housing projects had recovered, while demand for improved housing was released at a faster pace. Experts believe that, against the backdrop of policy support and stabilizing home prices, the property markets in first-tier cities have seen marginal improvements, with their role as a market barometer growing more prominent. This helps boost home buying confidence nationwide, though the strength and sustainability of the subsequent market recovery remain to be seen.
5 mins ago
[SMM Steel] On March 20, 2026, Tata Steel and the University of Scienc - Shanghai Metals Market (SMM)