EU

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Huta Częstochowa launches plate mill

Resumption of rolling production completes the process of returning the plant to stable operation after more than a year of downtime

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EU prepares to counter US protectionism

US tariffs on steel and aluminum may become a controversial issue for the parties

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Acciaierie d’Italia plans to increase steel production to 3.5 million tons in 2025

ADI Commissioners initiate extension of temporary exemptions for another 12 months

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Finland reduced steel production by 3.8% y/y in 2024

Production per year was 3.7 million tonnes

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Slovakia reduced steel production by 11.7% y/y in 2024

Production for the year amounted to 3.9 million tons

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EU exported 15.6 million tons of scrap in January-November

More than 60% of deliveries are to Turkey

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Inflation in the euro area accelerated to 2.5% y/y in January

Energy prices per month increased by 1.8%

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US Steel Kosice reduced steel production by 12.8% y/y in 2024

Shipment of products decreased by 8.2%

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Belgium increased steel production by 21.1% y/y in 2024

Production reached 7.1 million tonnes

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Třinecké železárny plans to invest €1 billion in green transformation

Czech company plans to build an electric furnace that will reduce CO2 emissions by 55%

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EIB increases financing for energy transition and climate action to €50.7 billion in 2024

The amount is 57% of the bank's total funding last year

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EU GDP grew by 0.8% y/y in 2024

The indicator grew by 0.1% q/q in Q4

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