The Brazilian steel industry touched a record level by producing 33.784 Million Metric Tons steel last year and IBS is expecting same trend to continue in 2008 as well.

Although China is experiencing booming growth in its steel industry due to massive subsidies provided by the government, these are against the WTO norms and may land the country in trouble.

Due to limited resources in non-renewable energy, Germany is concentrating on the development of renewable energy sources like wind, solar, water, biomass and thermal heat in a major way.

The UK government gave its consent for constructing new generation nuclear plants that will help in reducing the country’s dependability on imported oil and gas and in meeting the energy requirements.

Indian energy sector is currently suffering from lack of investment. To meet the rising energy demand, the government has to formulate policies and regulations that build confidence among private players.

The UK households find themselves caught in a severe financial crisis owing to the imminent hike in energy prices across the country, thanks to rising gas prices in the wholesale market.