West Asian Conflict: Indian govt launches ₹497-crore RELIEF scheme

RELIEF is designed to support both past and future export consignments. It offers enhanced risk coverage of up to 100% for shipments already insured during the disruption period (February 14–March 15, 2026), and up to 95% coverage for upcoming shipments until June 15, 2026.

Recycling Heroes 2026 winners announced

The Global Recycling Foundation (GRF) has announced the winners of its 2026 Recycling Heroes Competition.

Tata Steel and University of Science and Technology Beijing partner on scrap and low-carbon steel innovation

Under the MoU, the organisations will work across multiple themes linked to circular steel production. These include enhancing scrap-based steelmaking processes, developing pathways for the recovery and reuse of steel industry waste streams, improving end-product performance, and exploring carbon capture and utilisation (CCU) technologies.

Indian Oil, Re Sustainability partner to formalise India’s used oil recycling ecosystem

Recovered oil under the initiative will be processed into RRBO that can be reintroduced into lubricant manufacturing value chains. This circular approach is expected to enhance material efficiency across the sector while reducing reliance on primary raw materials.

Alba initiates a controlled and safe shutdown of Reduction Lines 1, 2 and 3

As per company statement, this targeted, line-specific action is designed to optimise the utilisation of Alba’s existing raw materials inventory and prioritise operational stability across Reduction Lines 4, 5 and 6, amid ongoing supply and transit disruptions affecting the Strait of Hormuz.