EU

Overcoming CBAM challenges for Ukraine and the EU

Solving the existing problems depends on cooperation between Ukrainian and European authorities

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EU imported 577 thousand tons of Russian iron and steel products in January-February

The main share of imports falls on semi-finished products – 82.2% of the total volume of deliveries

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Germany increased steel production by 8.4% y/y in March

Pig iron production increased by 3.5% y/y for the month, and rolled steel – by 1% y/y

Експорт руди з України
Ukraine exported 1.1 million tons of iron ore to the EU in February

Ukrainian suppliers accounted for 20.5% of the total EU iron ore imports

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EU reduced DRI imports by 35.5% m/m in February

In January-February, the indicator increased by 35.2% y/y

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Construction in the EU increased by 1.8% m/m in February

Compared to February 2023, the indicator fell by 0.6%

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EU has created an investment structure under the Ukraine Facility

The structure is designed to stimulate investment for the recovery and reconstruction of Ukraine

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Industrial production in the EU grew by 0.7% m/m in February

Compared to February 2023, the indicator decreased by 5.4%

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European steel industry needs 5 million tons of hydrogen per year for decarbonization

The main steel projects in the region will be ready to use hydrogen by 2026-2027

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European Commission approves plan for Ukraine Facility

EU member states have one month to adopt the implementation decision proposed by the EC

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EU considers acquisition of US Steel by Japanese Nippon Steel

Antitrust decision on the deal is expected in mid-May

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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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