EU

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The auction for the sale of Huta Częstochowa has been canceled

The sale of the plant did not take place due to the new status – the Ministry of Defense may take control of the enterprise

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Aperam increased stainless steel shipments by 4.9% y/y in 2024

However, in the first quarter of 2025, the company predicts a decline in profitability

Italy and France to jointly insist on prioritizing CBAM reform

The relevant ministries of the countries agreed on the urgency of revising the mechanism

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EU strong enough to resist US tariffs – Scholz

European politicians consider the best way to reach an agreement

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EU promises to respond strongly to possible US tariff hike

The European Commission says it sees no justification for the US policy of reciprocal tariff measures

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Outokumpu slows investment plans amid weak stainless steel market

Finnish company cancels plans for US expansion and nuclear investments due to market difficulties

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Industrial production in the EU decreased by 0.8% m/m in December

This figure fell by 1.7% year-on-year

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ArcelorMittal considers transferring some European business processes to India

The company is looking for ways to reduce pressure in the EU by maintaining production but optimizing business processes

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Global scrap prices recovered by 1.5-2% since the beginning of the year

Turkish steel mills fear further price increases

GRZEGORZ SKOWRONEK
Polish Czestochowa-based pipe producer Rurexpol has finally suspended production

Alchemia Group closes the second plant in the last year

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EU car production to grow by 2.1% y/y in 2025 – EUROFER

The automotive industry will recover slowly due to economic uncertainty and problems with electric vehicles

The EU steel industry is losing ground in the global market

Despite a slight recovery in 2024, the capacities of key producing countries remain underutilized

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