Global Electrical Steel markets diverged significantly, with US prices remaining stable due to protective tariffs while Asian and European markets faced downward pressure from weak demand and trade disruptions. Rising US steel tariffs created market fragmentation, benefiting domestic producers while challenging international exporters.
The global Electrical Steel market experienced mixed dynamics in the third week of June 2025, with US prices remaining stable amid protective tariffs while Asian and European markets faced downward pressure from weak demand and trade disruptions. Rising US steel tariffs to 50% created market...
Selenis has effectively manufactured recycled PET chips using terephthalic acid sourced from Circ®, a textile-to-textile recycler based in Virginia. The chip production took place through a series of batches at Selenis' pilot plant in San-Giorgio, Italy. By utilizing inputs recovered from polycotton textile waste, Selenis has created high-quality PET chip, which has been further processed into DTY yarn. This yarn will play a crucial role in product development as Circ prepares for additional capsule launches. Selenis is leveraging the success of this initial collaboration phase and is committed to advancing towards an offtake partnership to support Circ's inaugural industrial facility.
Eduardo Santos, Head of Corporate Strategy at Selenis, remarked that the monomer synthesis showed a performance comparable to virgin terephthalic acid. He expressed optimism about the consistent quality of Circ's monomer output and anticipated future commercial success. Santos pointed out that the Circ partnership complements Selenis's existing mission and goals for a more sustainable textile industry. He further stated their anticipation of expanding upon this collaboration and providing support for Circ's forthcoming commercial production trials.
