EU - Latest news GMK Center

Inventories are declining, and imports of these products to Europe have slowed down

It is proposed to establish subsidies for power plants using gas

The package of specific measures presented by the European Commission has not yet been approved

European steel buyers are already looking for suppliers in Southeast Asia

Russia's NLMK is also looking for alternative suppliers for European assets

Growth by 1% – to 1.814 billion tons is expected in 2023

Steel producers achieved concessions in negotiations on changes in the European carbon market

In total, Ukraine received €4.2 billion in macro-financial assistance from the European Union this year

Despite the willingness of producers to provide discounts on products, demand is not recovering

On October 3, the price of rebar from Türkiye was at the level of $682.5/t

Russian suppliers are gradually occupying the traditional export markets of Ukrainian steel plants

The steel sector replenishes the budgets of European countries with tens billions of euros, but mass shutdowns of capacities will negatively affect the amount of tax revenues