EU - Latest news GMK Center

Energy prices fell by 4.1% y/y

The country's prime minister also called for the postponement of the launch of ETS 2

The US president continues to use tariffs as an argument in economic and political disputes

The average price forecast for next year is over €107/t

Proposal on preferences for European products causes disagreement within the bloc

The bulk of production consists of pig iron, steel semi-finished products, and direct reduced iron

The indicator was influenced by a significant decrease in imports by Germany and the Netherlands

Distributors expect stable prices or moderate growth in the first quarter

A decline in raw material supplies by more than 17% y/y led to an overall reduction in iron and steel exports

The main factors driving growth are speculative market dynamics and a gradual reduction in supply

The EC also defends temporary deviation from conditions for fertilizers

In Q4, the EU and eurozone economies grew by 0.3% q/q, maintaining a moderate recovery trajectory