EU

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Germany reduced steel production by 10.1% y/y in April

Since the beginning of the year, the indicator has decreased by 11.9% y/y

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EU-Ukraine trade visa-free regime to end in June – Tusk

The Polish Prime Minister noted that the situation will return to the pre-war situation in terms of border rules

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Italy reduced steel production by 10.8% m/m in April

In January-April, the indicator grew by 3.8% y/y

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EU imported 587.3 thousand tons of DRI in Q1

Imports decreased by 18% y/y

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Construction in the European Union increased by 0.1% m/m in March

The largest growth was observed in Austria, Romania, and the Czech Republic

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EC downgraded its forecast for EU GDP growth in 2025 to 1.1%

The estimate of the bloc's economic growth in 2026 has been revised to 1.5%

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EU increased greenhouse gas emissions by 2.2% y/y in Q1

The largest increase in emissions was recorded by households – by 5.2% y/y

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Industrial production in the EU grew by 1.9% m/m in March

Among the EU member states, the highest monthly growth was recorded in Ireland – 14.6%.

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EU exported 3 million tons of scrap in January-February

More than 66% of deliveries are to Turkey

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Europe needs a breakthrough in industrial policy – Federacciai

The president of the industry association, in particular, noted unfavorable energy prices

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European Commission starts consultations on possible response to US tariffs

The EC is also consulting on possible restrictions on scrap exports

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Tosyalı abandons the acquisition of Liberty Steel in Luxembourg

The decision is explained by the revision of the EU's safeguard measures against steel imports from third countries

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