energy crisis

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EU industry seeks deep energy market reform

The deficit of investments in the European energy grid is estimated at €800 billion by 2030

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European Parliament approved the EU’s energy saving goals until 2030

EU member states must reduce final energy consumption by at least 11.7% by 2030

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Spain’s steel industry is affected by high energy costs – Unesid

Spanish steel producers also need increased government support

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The European Commission recommended to curtail energy support measures in the EU by the end of 2023

New measures, if needed, should be aimed at protecting vulnerable households and businesses

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Romania is considering energy support for the steel industry

The Ministry of Economy will promote two state aid schemes

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German industry still needs energy support – Salzgitter CEO

The price of electricity still affects the competitiveness of energy-intensive industries

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The EU plans to stimulate electricity contracts with a fixed price

The draft market reform proposal will be presented on March 16 2023

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EU countries urge not to hurry with changes in the electricity market

Reforms should be supported by a thorough impact assessment

Piotr Sikorski: Apparent steel consumption in Poland will probably drop by 2 million tonnes in 2022

Head Manager of Polska Unia Dystrybutorow Stali – about the structure of steel consumption and the factors which affect steel production and demand in Poland

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ArcelorMittal plans to reopen the Spanish ACB plant for a week

The work of the plant will be resumed to fulfill one order

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ArcelorMittal has restarted a blast furnace at a plant in Spain

The unit has been idle since the end of September 2022 due to uncertain economic prospects and unfavorable market conditions

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Poland increased steel production by 8.3% m/m in December 2022

In 2022, the country's steelmakers reduced steel production by 8.6% y/y

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