EU - Latest news GMK Center

The country will also express concerns about the EU-proposed CBAM

In 2022, the highest average monthly wholesale price in the EU was in August

Uncertainty in the market encourages buyers to short-term deals

American lawmakers believe that the introduction of CBAM could become problematic for the United States

In Germany, steel output fell by 11.8% m/m, in Italy – by 7.9% m/m

Ukraine needs cancellation of anti-dumping duties in USA and prolongation of trade without duties with EU

Industrial production in the Eurozone fell by 2%, in the EU – by 1.9% compared to September 2022

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

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

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

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

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