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Photo – Production costs for green steel in the EU make it uncompetitive – Fastmarkets
Production costs for green steel in the EU make it uncompetitive – Fastmarkets

MENA producers have a cost advantage in both the hydrogen-based and gas-based DRI production routes

Photo – EU regulations pose a challenge for Ukrainian industry – Metinvest
EU regulations pose a challenge for Ukrainian industry – Metinvest

Domestic businesses, in particular, are already facing challenges related to the CBAM

Photo – Steel imports into the EU rose by 14% y/y in 2025 – EUROFER
Steel imports into the EU rose by 14% y/y in 2025 – EUROFER

Shipments of finished goods increased by 9% y/y

Photo – The EU reduced DRI imports by 20% y/y in 2025
The EU reduced DRI imports by 20% y/y in 2025

The main suppliers include Russia, Venezuela, and the United States

Photo – Steel consumption in the EU rose by 4.6% y/y in the third quarter – EUROFER
Steel consumption in the EU rose by 4.6% y/y in the third quarter – EUROFER

After two quarters of decline, the market showed signs of recovery, but demand will grow slowly in 2026–2027

Photo – Industrial production in the EU fell by 1.6% m/m in January
Industrial production in the EU fell by 1.6% m/m in January

The indicator in the eurozone fell by 1.5% m/m

Photo – Industrial Accelerator Act: how the new industrial policy will affect the EU steel market
Industrial Accelerator Act: how the new industrial policy will affect the EU steel market

The Industrial Accelerator Act ultimately takes a broader approach to the Made in Europe policy

Photo – EU governments will insist on accelerating carbon market reform
EU governments will insist on accelerating carbon market reform

The bloc's countries will demand a review of the ETS no later than July

Photo – The EU imported over 5 million tons of iron and steel products from Russia in 2025
The EU imported over 5 million tons of iron and steel products from Russia in 2025

Semi-finished products accounted for 73% of all deliveries, with Belgium, Italy, and the Czech Republic accounting for the largest volumes of imports

Photo – The Made in Europe policy could strengthen the Turkish steel industry
The Made in Europe policy could strengthen the Turkish steel industry

Turkey is expected to be considered within the framework of the customs union as part of the EC's proposals

Photo – The EC will publish the first quarterly price of CBAM certificates in April
The EC will publish the first quarterly price of CBAM certificates in April

The price for the quarter will be calculated during the first week of the following quarter

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