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EU - Latest news GMK Center

Photo – EU industrialists are joining forces to support the Made in Europe policy – analyst
EU industrialists are joining forces to support the Made in Europe policy – analyst

The bloc’s largest car manufacturers have joined forces to promote appropriate regulation

Photo – New TRQ for Ukraine: a policy shock with no market rationale
New TRQ for Ukraine: a policy shock with no market rationale

Stricter EU tariff-rate quotas would harm Ukraine’s wartime economy without solving Europe’s real steel-market challenges

Photo – Sebastian Will: «There is no longer any consistency in scrap consumers’ behaviour»
Sebastian Will: «There is no longer any consistency in scrap consumers’ behaviour»

The ability of scrap processing companies to respond quickly to changes is becoming increasingly important

Photo – BIR calls on the steel processing sector to discuss new EU steel market regulations
BIR calls on the steel processing sector to discuss new EU steel market regulations

New EU regulations will have a significant impact on the secondary raw materials market

Photo – Industrial production in the EU rose by 0.1% m/m in April
Industrial production in the EU rose by 0.1% m/m in April

On an annual basis, this figure increased by 0.9%

Photo – The EU is tightening the rules on suspending the CBAM
The EU is tightening the rules on suspending the CBAM

European steelmakers have noted many improvements proposed for the mechanism

Photo – Why sharp decrease in Ukraine’s quota won’t help European steel industry
Why sharp decrease in Ukraine’s quota won’t help European steel industry

Tightening trade defenses against Ukrainian steel would impose heavy economic consequences while delivering little benefit to the European market

Photo – The ECB has raised interest rates for the first time since 2023
The ECB has raised interest rates for the first time since 2023

The regulator has also raised its inflation forecast for this year

Photo – Italy’s Confindustria has called for pragmatic reform of the ETS
Italy’s Confindustria has called for pragmatic reform of the ETS

The association believes that the revision of the scheme must be in line with the industry’s actual needs

Photo – South Korea is asking the EU for fair terms under the new steel measures
South Korea is asking the EU for fair terms under the new steel measures

The country is seeking access to the European market on terms no less favourable than those enjoyed by its competitors

Photo – European gas prices stood at €48–49/MWh at the start of June
European gas prices stood at €48–49/MWh at the start of June

Competition for LNG could intensify this summer, depending on weather conditions in Asia

Photo – Ukrainian steel sector has withstood war, but now it needs Europe’s fairness
Ukrainian steel sector has withstood war, but now it needs Europe’s fairness

CBAM and steel import quotas were designed to protect European producers, but now they risk hurting a future EU member’s industrial backbone

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