icon

EU - Latest news GMK Center

Photo – The European Commission has presented a law on industrial accelerators
The European Commission has presented a law on industrial accelerators

Among other things, the document introduces targeted and proportionate requirements for the «Made in the EU» program

Photo – The EC has approved a €78 million aid scheme for Slovenia for energy-intensive companies
The EC has approved a €78 million aid scheme for Slovenia for energy-intensive companies

The scheme will consist of partial compensation for indirect electricity costs within the ETS

Photo – Inflation in the eurozone accelerated to 1.9% y/y in February
Inflation in the eurozone accelerated to 1.9% y/y in February

Energy prices continue to decline, while services have once again become the main driver of price growth

Photo – European gas prices are rising rapidly amid escalation in the Middle East
European gas prices are rising rapidly amid escalation in the Middle East

Market prospects depend on the duration of the conflict

Photo – Future expansion of CBAM poses risks to steel demand in the EU
Future expansion of CBAM poses risks to steel demand in the EU

The market believes that the current costs of the mechanism are underestimated throughout the supply chain

Photo – Italy and other EU countries call for ETS review
Italy and other EU countries call for ETS review

The upcoming review of the system should ensure market predictability and stability

Photo – EU steelmakers seek to become part of the «Made in Europe» plan
EU steelmakers seek to become part of the «Made in Europe» plan

In addition, European energy-intensive industries have put forward demands for affordable electricity in the EU

Photo – Gas prices in Europe exceeded €30/MWh in February
Gas prices in Europe exceeded €30/MWh in February

European gas storage facilities are less than 30% full at the end of the month

Photo – The EU expects the US to lower tariffs on steel and aluminum products
The EU expects the US to lower tariffs on steel and aluminum products

The bloc faced a transition period in trade relations with the United States

Photo – Prices for hot-rolled coil continue to rise in February
Prices for hot-rolled coil continue to rise in February

In the EU, purchasing activity is held back by the availability of stocks built up prior to the full implementation of the CBAM

Photo – BusinessEurope calls on EU to reconsider scrapping free emission allowances
BusinessEurope calls on EU to reconsider scrapping free emission allowances

Business association notes increase in corporate expenses

1 10 11 12 13 14 119