energy crisis
EU industry seeks deep energy market reform

The deficit of investments in the European energy grid is estimated at €800 billion by 2030
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
Spain’s steel industry is affected by high energy costs – Unesid

Spanish steel producers also need increased government support
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
Romania is considering energy support for the steel industry

The Ministry of Economy will promote two state aid schemes
German industry still needs energy support – Salzgitter CEO

The price of electricity still affects the competitiveness of energy-intensive industries
The EU plans to stimulate electricity contracts with a fixed price

The draft market reform proposal will be presented on March 16 2023
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
ArcelorMittal plans to reopen the Spanish ACB plant for a week

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