EU News — GMK Center https://gmk.center/en/tag/eu/ This is an informational-analytical, discussion platform Wed, 17 Jun 2026 14:09:54 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://gmk.center/wp-content/uploads/2018/11/android-chrome-256x256-36x36.png EU News — GMK Center https://gmk.center/en/tag/eu/ 32 32 <![CDATA[EU industrialists are joining forces to support the Made in Europe policy – analyst]]> https://gmk.center/en/news/eu-industrialists-are-joining-forces-to-support-the-made-in-europe-policy-analyst/ Thu, 18 Jun 2026 02:57:11 +0000 https://gmk.center/?post_type=news&p=125100 EU industrial sectors, which were initially sceptical of the ‘Made in Europe’ policy, are increasingly backing it. This trend was noted by Tristan Bückler, an industry analyst at Strategic Perspectives. Indeed, at the end of last week, the bloc’s largest car manufacturers – Renault, Volkswagen and Stellantis, which account for over 60 per cent of […]

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]]> <![CDATA[New TRQ for Ukraine: a policy shock with no market rationale]]> https://gmk.center/en/infographic/new-trq-for-ukraine-a-policy-shock-with-no-market-rationale/ Wed, 17 Jun 2026 14:09:53 +0000 https://gmk.center/?post_type=infographic&p=125095 According to mass-media, the EU is going to set Ukraine’s TRQ at 713 ths tonnes for flat- and long-rolled steel products and pipes. That would represent a 73% reduction compared with Ukraine’s 2025 export level. The expected consequences for Ukraine are severe: an estimated $1.2 bln loss in export revenue and the possible shutdown of […]

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]]> <![CDATA[Sebastian Will: «There is no longer any consistency in scrap consumers’ behaviour»]]> https://gmk.center/en/interview/sebastian-will-there-is-no-longer-any-consistency-in-scrap-consumers-behaviour/ Wed, 17 Jun 2026 05:00:59 +0000 https://gmk.center/?post_type=interview&p=124958 Last year, German steelworks reduced their scrap consumption by 5% year-on-year due to a decline in the country’s steel production. In the EU, this figure fell by 0.4%, a decline that was less pronounced than the drop in steel output. Sebastian Will, Deputy Chairman of the German Association for Secondary Raw Materials and Waste Management […]

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]]> <![CDATA[BIR calls on the steel processing sector to discuss new EU steel market regulations]]> https://gmk.center/en/news/bir-calls-on-the-steel-processing-sector-to-discuss-new-eu-steel-market-regulations/ Tue, 16 Jun 2026 14:41:31 +0000 https://gmk.center/?post_type=news&p=125015 The new Regulation on the EU steel market, which is due to come into force on 1 July 2026, will have a significant impact on the scrap market. This is according to The Bureau of International Recycling (BIR). As recycled steel is critical to circular production, any changes to import conditions or quotas could destabilise […]

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]]> <![CDATA[Industrial production in the EU rose by 0.1% m/m in April]]> https://gmk.center/en/news/industrial-production-in-the-eu-rose-by-0-1-m-m-in-april/ Mon, 15 Jun 2026 13:02:59 +0000 https://gmk.center/?post_type=news&p=124944 In April 2026, seasonally adjusted industrial production rose by 0.1% m/m in both the eurozone and the EU. This is according to preliminary data from Eurostat. Among the bloc’s member states, the largest monthly increase in industrial production in April was recorded in Malta (+5.2%), Sweden (+3.4%), and the Netherlands (+1.6%). The largest declines were […]

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]]> <![CDATA[The EU is tightening the rules on suspending the CBAM]]> https://gmk.center/en/news/the-eu-is-tightening-the-rules-on-suspending-the-cbam/ Mon, 15 Jun 2026 10:20:36 +0000 https://gmk.center/?post_type=news&p=124929 On 12 June, EU countries agreed to limit the circumstances under which the bloc may suspend the collection of carbon levies on imports under the Carbon Border Adjustment Mechanism (CBAM). This was reported by Reuters. The bloc’s economy and finance ministers backed these plans by a majority vote, though Slovakia, Romania and Lithuania opposed them. […]

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]]> <![CDATA[Why sharp decrease in Ukraine’s quota won’t help European steel industry]]> https://gmk.center/en/opinion/why-sharp-decrease-in-ukraine-s-quota-won-t-help-european-steel-industry/ Mon, 15 Jun 2026 08:06:20 +0000 https://gmk.center/?post_type=opinion&p=124886 The EU’s move to tighten the TRQ regime is driven by mounting import pressure on the steel market. That concern is clear. In particular, in 2025, total steel imports, including semi-finished products, rose by 14% year over year. The overall tightening parameters are substantial, with tariff-free quotas cut by about 47% versus the current safeguard […]

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]]> <![CDATA[The ECB has raised interest rates for the first time since 2023]]> https://gmk.center/en/news/the-ecb-has-raised-interest-rates-for-the-first-time-since-2023/ Thu, 11 Jun 2026 14:11:42 +0000 https://gmk.center/?post_type=news&p=124806 The European Central Bank (ECB) has raised its key policy rate for the first time in almost three years. This is stated in a press release on the regulator’s website. The deposit rate has risen by 25 basis points and will stand at 2.25% from 17 June. This is the first increase since September 2023. […]

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]]> <![CDATA[Italy’s Confindustria has called for pragmatic reform of the ETS]]> https://gmk.center/en/news/italy-s-confindustria-has-called-for-pragmatic-reform-of-the-ets/ Thu, 11 Jun 2026 09:02:51 +0000 https://gmk.center/?post_type=news&p=124781 Confindustria, the Italian association representing the country’s manufacturing and service companies, has once again highlighted the need to review the European Emissions Trading System (ETS). This was reported by SteelOrbis. Antonio Gozzi, Confindustria’s special adviser on European strategic autonomy, competitiveness and the Mattia Plan, emphasised the importance of rectifying certain mechanisms that currently risk undermining […]

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]]> <![CDATA[South Korea is asking the EU for fair terms under the new steel measures]]> https://gmk.center/en/news/south-korea-is-asking-the-eu-for-fair-terms-under-the-new-steel-measures/ Thu, 11 Jun 2026 07:50:24 +0000 https://gmk.center/?post_type=news&p=124772 South Korean President Lee Jae-myung has asked the EU to give favourable consideration to the situation facing Korean steel producers following the introduction of new European safeguard measures. This was reported by Reuters, citing a statement from the presidential administration. Lee made the request during a summit with European Council President António Costa and European […]

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]]> <![CDATA[European gas prices stood at €48–49/MWh at the start of June]]> https://gmk.center/en/news/european-gas-prices-stood-at-e48-49-mwh-at-the-start-of-june/ Thu, 11 Jun 2026 05:02:20 +0000 https://gmk.center/?post_type=news&p=124752 In early June 2026, one-month TTF futures remained below €50/MWh, generally fluctuating between €48 and €49/MWh. In the first ten days of the month, European natural gas prices rose compared to the end of May amid uncertainty over the prospects of conflict in the Middle East and pressure to fill storage facilities ahead of the […]

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]]> <![CDATA[Ukrainian steel sector has withstood war, but now it needs Europe’s fairness]]> https://gmk.center/en/opinion/ukrainian-steel-sector-has-withstood-war-but-now-it-needs-europe-s-fairness/ Thu, 11 Jun 2026 05:00:51 +0000 https://gmk.center/?post_type=opinion&p=124759 I’d like to reflect on the recent study at GMK Center of challenges that European and Ukrainian steelmakers are facing. For more than four years, Ukraine’s steel industry has worked in conditions that would have stopped many businesses elsewhere: missile and drone attacks, blackouts, broken logistics, a shortage of skilled people, and production sites operating […]

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]]> <![CDATA[Interpipe is proposing a pilot project to establish an industrial acceleration zone between the steel sectors of Romania and Ukraine]]> https://gmk.center/en/news/interpipe-is-proposing-a-pilot-project-to-establish-an-industrial-acceleration-zone-between-the-steel-sectors-of-romania-and-ukraine/ Wed, 10 Jun 2026 10:25:31 +0000 https://gmk.center/?post_type=news&p=124731 The Ukrainian industrial company Interpipe has proposed a pilot project to establish an Industrial Acceleration Zone between the steel sectors of Romania and Ukraine. This is stated in a press release from the company. Ukraine should not be viewed merely as a future participant in European industry when discussing the prospects for its development. Ukrainian […]

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]]> <![CDATA[The EU’s new quota system could destroy Ukraine’s steel industry – Metinvest CEO]]> https://gmk.center/en/news/the-eu-s-new-quota-system-could-destroy-ukraine-s-steel-industry-metinvest-ceo/ Tue, 09 Jun 2026 11:53:59 +0000 https://gmk.center/?post_type=news&p=124681 New EU restrictions on steel imports could devastate Ukraine’s industry and deal a severe blow to the budget of a country defending itself against Russian invasion. This was stated by Yuriy Ryzhenkov, CEO of the Metinvest Group, according to The Guardian. According to him, the bloc’s new protective measures, due to come into force on […]

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]]> <![CDATA[Global rebar prices rose by 0–6% m/m in May]]> https://gmk.center/en/news/global-rebar-prices-rose-by-0-6-m-m-in-may/ Tue, 09 Jun 2026 11:43:38 +0000 https://gmk.center/?post_type=news&p=124679 In May, global rebar prices rose across all key markets by between 0% and 6% month-on-month. Turkey saw the weakest performance, with the average price there rising by just 0.1%. The largest increase was recorded in Italy, at 6% month-on-month. Turkey In May, the Turkish rebar market remained largely stable. Throughout the month, prices held […]

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]]> <![CDATA[Apparent steel consumption in the EU is set to rise by 4.4% y/y in 2025 — EUROFER]]> https://gmk.center/en/news/apparent-steel-consumption-in-the-eu-is-set-to-rise-by-4-4-y-y-in-2025-eurofer/ Tue, 09 Jun 2026 10:21:06 +0000 https://gmk.center/?post_type=news&p=124663 The situation in the EU steel industry points to mixed prospects. On the one hand, demand for steel is recovering after three consecutive years of decline. Apparent steel consumption in the EU rose by 4.4% year-on-year – to 134.4 million tonnes in 2025. On the other hand, domestic steel production fell by 2.9% year-on-year – […]

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]]> <![CDATA[The EC has approved an Austrian aid scheme worth €100 million to support clean technologies]]> https://gmk.center/en/news/the-ec-has-approved-an-austrian-aid-scheme-worth-e100-million-to-support-clean-technologies/ Mon, 08 Jun 2026 13:00:23 +0000 https://gmk.center/?post_type=news&p=124631 The European Commission has approved an Austrian programme worth €100 million to support production capacity in the clean technology (cleantech) sector, in line with the objectives of the Clean Industry Agreement (CISAF). This is stated in a press release from the institution. This initiative will complement another Austrian programme approved by the EC in December […]

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]]> <![CDATA[The EU has approved new safeguard measures on steel imports]]> https://gmk.center/en/news/the-eu-has-approved-new-safeguard-measures-on-steel-imports/ Mon, 08 Jun 2026 11:22:11 +0000 https://gmk.center/?post_type=news&p=124626 On 8 June, the Council of the European Union adopted a regulation establishing a new system to protect the bloc’s steel market. This is stated in a press release from the institution. The new rules will replace the EU’s current safeguard measures, which are due to expire on 30 June this year. “By adopting this […]

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]]> <![CDATA[The EU reduced DRI imports by 53% y/y in Q1]]> https://gmk.center/en/news/the-eu-reduced-dri-imports-by-53-y-y-in-q1/ Mon, 08 Jun 2026 08:47:54 +0000 https://gmk.center/?post_type=news&p=124604 According to figures for January–March 2026, EU steelmakers reduced their imports of direct reduced iron (DRI) by 53.1% compared with the same period in 2025, to 275,650 tonnes. This is according to calculations by the GMK Center based on Eurostat data. The main supplier during the period was the US – 102.5 thousand tonnes, which […]

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]]> <![CDATA[The EC has launched consultations regarding the implementation of the «smelting and casting» requirement for steel]]> https://gmk.center/en/news/the-ec-has-launched-consultations-regarding-the-implementation-of-the-smelting-and-casting-requirement-for-steel/ Mon, 08 Jun 2026 08:01:52 +0000 https://gmk.center/?post_type=news&p=124596 The European Commission (EC) has launched consultations on the documents required to ensure traceability as part of the implementation of the “smelting and casting” requirement under the EU Steel Regulation. This is stated in a press release from the institution. As noted, the EU Steel Regulation aims to address the negative consequences of global overcapacity. […]

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]]> <![CDATA[Implementation of European standards in Ukraine’s steel industry: Interpipe’s perspective]]> https://gmk.center/en/opinion/implementation-of-european-standards-in-ukraine-s-steel-industry-interpipe-s-perspective/ Mon, 08 Jun 2026 07:18:25 +0000 https://gmk.center/?post_type=opinion&p=124591 Ukraine’s accession to the European Union opens up new opportunities for domestic businesses, whilst at the same time presenting them with significant challenges. The implementation of European standards in the steel industry requires a measured approach, time and dialogue with the authorities. During her speech at the forum ‘Regional dialogues with business on European integration: […]

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]]> <![CDATA[Yulia Proskurova: The combined impact of the new quotas and the CBAM could destroy Ukraine’s steel industry]]> https://gmk.center/en/interview/yulia-proskurova-the-combined-impact-of-the-new-quotas-and-the-cbam-could-destroy-ukraine-s-steel-industry/ Mon, 08 Jun 2026 06:36:19 +0000 https://gmk.center/?post_type=interview&p=124554 The CBAM and the EU’s new safeguard quota system are hitting Ukraine’s steel industry from two sides at once. ArcelorMittal Kryvyi Rih—the country’s largest steel producer—has already lost 300,000 tons of European orders in the first quarter of 2026 alone. In the worst-case scenario, the total losses of Ukrainian exporters could exceed $1 billion per […]

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]]> <![CDATA[EU finance ministers are considering the possibility of agreeing on amendments to the CBAM]]> https://gmk.center/en/news/eu-finance-ministers-are-considering-the-possibility-of-agreeing-on-amendments-to-the-cbam/ Fri, 05 Jun 2026 09:43:02 +0000 https://gmk.center/?post_type=news&p=124549 EU finance ministers are seeking to agree on a common position regarding legislative amendments to the CBAM. These amendments provide for extending the scope of the mechanism to cover a wider range of downstream products and introducing measures to prevent circumvention of the rules. The final amendments also more clearly define the European Commission’s powers […]

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]]> <![CDATA[Trump’s tariffs have significantly reduced steel exports from the EU to the US – EUROFER]]> https://gmk.center/en/news/trump-s-tariffs-have-significantly-reduced-steel-exports-from-the-eu-to-the-us-eurofer/ Thu, 04 Jun 2026 11:05:00 +0000 https://gmk.center/?post_type=news&p=124506 Since the US raised steel tariffs to 50%, exports of steel products from the EU to the US have fallen by a third. This is according to a report by the European Steel Association (EUROFER). In the three quarters since these tariffs were introduced (4 June 2025), this figure has fallen by 34% year-on-year – […]

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]]> <![CDATA[European electricity prices rose in May amid unstable renewable energy generation]]> https://gmk.center/en/infographic/european-electricity-prices-rose-in-may-amid-unstable-renewable-energy-generation/ Thu, 04 Jun 2026 07:02:15 +0000 https://gmk.center/?post_type=infographic&p=124442 Average monthly wholesale day-ahead electricity prices in Europe rose in May 2026 compared to April. May trends According to Ember, as of June 2, prices were as follows: Italy — €120.05/MWh (unchanged from the previous month); France — €56.16/MWh (+42.3% MoM); Germany — €95.56/MWh (+18.7%); Spain — €54.05/MWh (+26.9%); Sweden — €69.5/MWh (+41.6%). In Poland, the […]

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]]> <![CDATA[Ukrainian and European steel industries: different challenges and shared pressures]]> https://gmk.center/en/infographic/ukrainian-and-european-steel-industries-different-challenges-and-shared-pressures/ Wed, 03 Jun 2026 07:31:23 +0000 https://gmk.center/?post_type=infographic&p=124385 The steel industries of Ukraine and the European Union are facing serious challenges, but the nature of these challenges is very different. In the EU, the main agenda is green transformation. European steelmakers are under pressure to decarbonize, reduce emissions, and adjust to stricter climate regulations. In Ukraine, the priority is more basic and urgent: […]

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]]> <![CDATA[The EU has reduced its imports of raw materials by 11% since 2020]]> https://gmk.center/en/infographic/the-eu-has-reduced-its-imports-of-raw-materials-by-11-since-2020/ Mon, 01 Jun 2026 10:15:13 +0000 https://gmk.center/?post_type=infographic&p=124304 Between 2020 and 2025, the EU gradually reduced its dependence on iron ore imports; however, the market remained structurally import-dependent, with domestic production concentrated almost entirely in Sweden. Over six years, iron ore imports from third countries fell by 11.3%—from 77.9 million tons in 2020 to 69.0 million tons in 2025. The peak was reached […]

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]]> <![CDATA[The EU steel quota will hit Ukrainian steelmakers affected by the war hard – Interpipe CEO]]> https://gmk.center/en/news/the-eu-steel-quota-will-hit-ukrainian-steelmakers-affected-by-the-war-hard-interpipe-ceo/ Mon, 01 Jun 2026 08:59:09 +0000 https://gmk.center/?post_type=news&p=124295 The European Union’s introduction of a new trade barrier aimed at reducing steel imports will deal a significant blow to Ukraine’s war-torn steel industry, and the application of a separate tariff quota to Ukraine contradicts the exemption granted to our country last year as support in the war against Russian aggression. This was stated by […]

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]]> <![CDATA[The EC has approved Spain’s €9 billion electricity supply security support scheme]]> https://gmk.center/en/news/the-european-commission-has-approved-spain-s-e9-billion-electricity-supply-security-support-scheme/ Mon, 01 Jun 2026 07:43:00 +0000 https://gmk.center/?post_type=news&p=124285 The European Commission (EC) has approved a €9 billion Spanish scheme to secure the electricity supply. This is stated in a press release from the institution. This state aid measure is intended to ensure sufficient capacity for the production, storage, or flexible consumption of electricity, as well as to align electricity production volumes with expected […]

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]]> <![CDATA[The new ETS targets are too stringent for the aluminum sector]]> https://gmk.center/en/news/the-new-ets-targets-are-too-stringent-for-the-aluminum-sector/ Fri, 29 May 2026 13:02:51 +0000 https://gmk.center/?post_type=news&p=124272 The European Aluminium industry association has openly warned that the new ETS targets for 2026–2030 may prove too stringent for some sectors of the European aluminum industry. Maros Durka, regional sales manager at Poland’s Grupa Kęty, highlights this point. In his view, this discussion is necessary because a dangerous gap is beginning to emerge between […]

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]]> <![CDATA[Ukraine should be exempted from steel quotas under the EU’s new trade measure – Luca Zanotti]]> https://gmk.center/en/news/ukraine-should-be-exempted-from-steel-quotas-under-the-eu-s-new-trade-measure-luca-zanotti/ Fri, 29 May 2026 11:15:04 +0000 https://gmk.center/?post_type=news&p=124262 Luca Zanotti, CEO of the Ukrainian industrial company Interpipe, believes that Ukraine should be exempted from steel quotas under the EU’s new trade measures. “We are not just looking for diplomacy,” he said during a video interview with the American publication Politico, noting that the three main EU institutions have agreed that Ukraine is a […]

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]]> <![CDATA[China is negotiating with the EU regarding the bloc’s new restrictions on steel imports]]> https://gmk.center/en/news/china-is-negotiating-with-the-eu-regarding-the-bloc-s-new-restrictions-on-steel-imports/ Fri, 29 May 2026 07:15:52 +0000 https://gmk.center/?post_type=news&p=124236 China is negotiating with the European Union within the framework of the World Trade Organization regarding the bloc’s new steel import restrictions scheduled to take effect on July 1. This was stated by He Yadong, a spokesperson for the Chinese Ministry of Commerce, according to the Global Times. According to him, the EU’s actions are […]

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]]> <![CDATA[European carbon prices rose to €79 per ton at the end of May]]> https://gmk.center/en/news/european-carbon-prices-rose-to-e79-per-ton-at-the-end-of-may/ Thu, 28 May 2026 05:01:04 +0000 https://gmk.center/?post_type=news&p=124159 According to ICE, futures prices for CO2 emission allowances (EUAs, December 2026 contract) stood at €75–79/t in the second half of May. Overall, the dynamics of the European carbon market during the month were driven by volatility in energy prices due to the conflict in the Middle East, discussions regarding EU ETS reform, and expectations […]

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]]> <![CDATA[Five EU countries are calling for the bloc to strengthen its trade defenses]]> https://gmk.center/en/news/five-eu-countries-are-calling-for-the-bloc-to-strengthen-its-trade-defenses/ Wed, 27 May 2026 09:13:42 +0000 https://gmk.center/?post_type=news&p=124143 Five EU countries—France, Italy, Spain, the Netherlands, and Lithuania—are calling for the bloc to strengthen its trade measures to provide more effective protection against cheap imports that threaten EU industry, with Chinese goods in mind. This was reported by Reuters. The initiative came ahead of internal debates within the European Commission regarding relations with China, […]

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]]> <![CDATA[The Feralpi Group has called for greater support for the European steel industry]]> https://gmk.center/en/news/the-feralpi-group-has-called-for-greater-support-for-the-european-steel-industry/ Tue, 26 May 2026 07:06:10 +0000 https://gmk.center/?post_type=news&p=124073 The Italian Feralpi Group called for greater support for the European steel industry during a meeting with Member of the European Parliament Benedetta Scuderi. This was stated in a company press release. “Energy and raw materials, decarbonization, and international competitiveness. These are the main challenges facing the Italian and European steel industry today, and Europe […]

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]]> <![CDATA[Construction in the EU rose by 1.2% m/m in March]]> https://gmk.center/en/news/construction-in-the-eu-rose-by-1-2-m-m-in-march/ Mon, 25 May 2026 09:02:42 +0000 https://gmk.center/?post_type=news&p=124006 In March 2026, seasonally adjusted production in the EU construction sector rose by 1.2% compared to February, while in the eurozone it increased by 0.8% month-on-month. This is according to preliminary data from Eurostat. At the same time, February figures were revised downward: the decline in the EU was 0.4%, and in the eurozone, 0.8% […]

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]]> <![CDATA[New EU quota system will reduce Turkey’s share of the European market – TCUD]]> https://gmk.center/en/news/new-eu-quota-system-will-reduce-turkey-s-share-of-the-european-market-tcud/ Fri, 22 May 2026 10:50:34 +0000 https://gmk.center/?post_type=news&p=123972 The EU’s new quota system will reduce Turkey’s share of the European market. This was stated by Veysel Yayan, Secretary General of the Turkish Steel Producers’ Association (TCUD), in an interview with Bloomberg HT. He called this move incompatible with the spirit of the Customs Union. In addition, Yayan added that Turkey must now seriously […]

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]]> <![CDATA[EU trade restrictions could bring steel exports from Ukraine to a complete halt]]> https://gmk.center/en/posts/eu-trade-restrictions-could-bring-steel-exports-from-ukraine-to-a-complete-halt/ Fri, 22 May 2026 08:49:31 +0000 https://gmk.center/?post_type=posts&p=123947 The Ukrainian steel industry is one of the few sectors that, despite the war, has maintained its production capacity and market position abroad. However, it now finds itself at the epicenter of global protectionism, and the threats on this front are no less serious than those on the front lines. The introduction of CBAM, a […]

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]]> <![CDATA[The United Kingdom is negotiating with the EU regarding an exemption from steel import quotas]]> https://gmk.center/en/news/the-united-kingdom-is-negotiating-with-the-eu-regarding-an-exemption-from-steel-import-quotas/ Thu, 21 May 2026 10:59:00 +0000 https://gmk.center/?post_type=news&p=123923 British Trade Minister Chris Bryant described negotiations with the EU regarding the UK’s exemption from the bloc’s upcoming steel import restrictions as productive, according to Euronews. He hinted that the British government is close to reaching a steel agreement with the EU that would allow both sides to avoid trade restrictions imposed to protect local […]

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]]> <![CDATA[The European Commission has approved Germany’s €1.3 billion hydrogen initiative]]> https://gmk.center/en/news/the-european-commission-has-approved-germany-s-e1-3-billion-hydrogen-initiative/ Thu, 21 May 2026 09:43:27 +0000 https://gmk.center/?post_type=news&p=123918 The European Commission (EC) has approved a €1.3 billion German state aid scheme to support renewable hydrogen production. The decision was made in accordance with EU state aid rules and concerns support provided through the European Hydrogen Bank’s “Auctions-as-a-Service” tool for an auction concluding in 2026. This is stated in an EC press release. The […]

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]]> <![CDATA[European steelmakers have backed the adoption of new EU protective measures on steel]]> https://gmk.center/en/news/european-steelmakers-have-backed-the-adoption-of-new-eu-protective-measures-on-steel/ Thu, 21 May 2026 09:17:44 +0000 https://gmk.center/?post_type=news&p=123920 European steelmakers have welcomed the European Parliament’s approval of new EU steel safeguard measures. This was stated in a press release from the European Steel Association (EUROFER). They called it an important step toward overcoming the mounting pressure the industry faces due to record import volumes, global overcapacity, and rising international protectionism. “In times of […]

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]]> <![CDATA[EU quotas for ferroalloy imports were not exhausted in February–May]]> https://gmk.center/en/news/eu-quotas-for-ferroalloy-imports-were-not-exhausted-in-february-may/ Wed, 20 May 2026 14:32:33 +0000 https://gmk.center/?post_type=news&p=123892 EU import quotas for ferroalloys were not fully utilized during the second quarter of the protective measures in effect for these products (February 18–May 17, 2026). Kevin Fowkes, a senior consultant at AlloyMetrics, notes this trend, citing current Eurostat data. However, consumption volumes for all product types exceeded the figures for the first quarter of […]

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]]> <![CDATA[Italy saw a 6.2% m/m decline in steel production in April]]> https://gmk.center/en/news/italy-saw-a-6-2-m-m-decline-in-steel-production-in-april/ Wed, 20 May 2026 08:43:24 +0000 https://gmk.center/?post_type=news&p=123867 Italian steelmakers reduced steel production by 6.2% in April 2026 compared to the previous month, down to 1.93 million tons. Compared to the same month in 2025, the figure rose by 7.2%. This is according to data from the industry association Federacciai, as reported by SteelOrbis. Flat steel production in April amounted to 743,000 tons, […]

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]]> <![CDATA[The European Parliament has approved new measures to protect the EU steel market]]> https://gmk.center/en/news/the-european-parliament-has-approved-new-measures-to-protect-the-eu-steel-market/ Wed, 20 May 2026 06:37:55 +0000 https://gmk.center/?post_type=news&p=123854 Members of the European Parliament have approved new measures to protect the EU steel market. This is stated in a press release from the institution. The relevant regulation introduces lower import quotas for steel—duty-free import volumes are limited to 18.3 million tons per year (a 47% decrease compared to the 2024 quotas). In addition, a […]

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]]> <![CDATA[The EU’s plan to reduce steel import quotas will significantly harm Ukraine – FT]]> https://gmk.center/en/news/the-eu-s-plan-to-reduce-steel-import-quotas-will-significantly-harm-ukraine-ft/ Mon, 18 May 2026 12:23:50 +0000 https://gmk.center/?post_type=news&p=123787 Ukrainian steel producers and officials warn that the EU’s plan to halve steel import quotas will harm Ukraine, which is trying to fund its defense amid Russian aggression. This is reported in an article by the Financial Times. In particular, Oleksandr Vodoviz, head of the office of the CEO of Metinvest, warned that the EU’s […]

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