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EU - Latest news GMK Center

Photo – The EU is introducing a border tariff on carbon emissions
The EU is introducing a border tariff on carbon emissions

The tariff will apply to imports of iron, steel and aluminum

Photo – US and EU climate tariffs could hit China and other markets
US and EU climate tariffs could hit China and other markets

In 2021, Chinese steelmakers exported more than 3 million tons of steel to the EU

Photo – The price of carbon emissions in the EU will be stable until the end of 2022
The price of carbon emissions in the EU will be stable until the end of 2022

The increase in electricity consumption in the EU will have a limited impact on the cost of the EUA

Photo – EU may increase safeguard measures on Asian steel imports
EU may increase safeguard measures on Asian steel imports

The European Commission may add individual quotas for some suppliers from Southeast Asia

Photo – Electricity prices in Europe rose in November due to cold weather
Electricity prices in Europe rose in November due to cold weather

European prices in late November and early December were also affected by the decline in wind power capacity

Photo – US and EU consider new climate tariffs on Chinese steel — Bloomberg
US and EU consider new climate tariffs on Chinese steel — Bloomberg

China accounts for more than 60% of world steel production

Photo – The European Commission will review the EU’s protective measures regarding steel products
The European Commission will review the EU’s protective measures regarding steel products

The current end date of the protective measures is June 30, 2024

Photo – The European Parliament’s Committee voted for new rules on the export of scrap from the EU
The European Parliament’s Committee voted for new rules on the export of scrap from the EU

In 2021, the volume of scrap exports from the EU amounted to 19.5 million tons

Photo – Negotiations on the revision of the ETS scheme have slowed down before the final round
Negotiations on the revision of the ETS scheme have slowed down before the final round

The EU aims to reduce carbon emissions by 55% by 2030

Photo – European countries have spent more than €700 billion to combat the energy crisis
European countries have spent more than €700 billion to combat the energy crisis

The UK and Norway allocated €105 billion for this

Photo – Ukrzaliznytsia continues to develop connections with the European Union
Ukrzaliznytsia continues to develop connections with the European Union

On the border with Poland, in particular, the section Rava-Russka – Grebinne has already been opened

Photo – Spain allocated for ArcelorMittal €17.1 million in compensation for indirect emissions
Spain allocated for ArcelorMittal €17.1 million in compensation for indirect emissions

Total support for Spain's energy-intensive industry is €244 million, of which the steel sector accounts for 37.5%

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