Industry

China's embassy in Colombia responded to the government's 25% tariffs on steel imports from countries without a free trade agreement, denying unfair competition against the local steel industry. It emphasized that Chinese products are of good quality and competitive prices, accounting for less than 0.3% of total imports in 2025. It warned that restrictions would raise costs in other sectors and harm employment.

March 26, 2026 Ti AI ṣe iroyin

President Claudia Sheinbaum and Economy Secretary Marcelo Ebrard unveiled the Immediate Attention Program for the Protection of the Heavy Vehicles Industry, offering fiscal incentives and financing up to 6 billion pesos. The plan aims to renew a fleet averaging 19 years old, enhance road safety, and cut polluting emissions. Manufacturers and transporters have welcomed the initiative positively.

Prime Minister Dr. Abiy Ahmed stated that large industries are being established across all sectors in an interview with Qana TV. He noted significant revenue from industrial import substitution now. Five solar plants are exporting products.

March 19, 2026 Ti AI ṣe iroyin

The office of Minister Delegate for Industry Sébastien Martin stated no supply disruptions linked to the Middle East war have been observed in France, following a meeting with economic actors. Authorities urge vigilance amid tensions on raw material and energy prices. European gas prices surged over 24% after an Iranian attack on Qatar's Ras Laffan site.

The Progressive Punjab Investors’ Summit 2026 begins on Friday at Plaksha University in Mohali, gathering investors, industry leaders, and policymakers from India and abroad to explore economic opportunities in the state. The three-day event, running from March 13 to 15, features 89 sessions to highlight Punjab’s investment potential.

March 11, 2026 Ti AI ṣe iroyin

The railway bridge over Österdalälven in Oxberg is set to be demolished and replaced, halting all rail traffic between Mora and Blyberg south of Älvdalen for about a year. This poses significant challenges for the local sawmill in Blyberg. Site manager René Wiesmann describes switching to truck transports as a major issue.