EU

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Industrial production in the EU increased by 0.3% m/m in January

In the year-on-year comparison, this figure fell by 0.2%

US tariffs threaten the future of European steel industry – EUROFER

EU steelmakers expect import situation to worsen and insist on effective safeguard measures

EU increased imports of flat products by 7.5% y/y in 2024

Imports increased for the first time after two years of stagnation

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US tariffs on steel and aluminum imports of 25% come into effect

The European Commission announced the introduction of countervailing tariffs worth €26 billion starting in April

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Clean Industry Agreement: a diagnosis without a quick fix

The main criticism of the Clean Industrial Deal is the lack of specifics

EU imported 5.34 million tons of iron & steel products from Russia in 2024

Total imports exceeded €2.5 billion, with the largest volumes of supplies coming from semi-finished products, DRI and pig iron

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European Commission proposes to extend duty-free imports of Ukrainian steel

The EU plans to support Ukraine's steel sector while maintaining exemptions from trade restrictions

Norway is preparing to introduce CBAM in 2027

The country's authorities seek to protect national industry and stimulate the reduction of CO2 emissions in the world

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Ukraine passes EU screening for free movement of goods

Preparation for the screening lasted six months

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European producers prepare for higher prices for HRC

Buyers cannot book purchases from local producers at a price lower than €600/t. Psychologically, the market is ready for a price change, distributors say

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EU to publish action plan on steel sector in two weeks

The document, in particular, provides for additional priority actions for the sector

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