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EU - Latest news GMK Center

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

Photo – Slovenian state holding company supports search for new owner for SIJ
Slovenian state holding company supports search for new owner for SIJ

The state is ready to sell 25% of SIJ shares if a strategic investor appears

Photo – The EC has postponed the presentation of the «Made in Europe» plan
The EC has postponed the presentation of the «Made in Europe» plan

The delay is due to disagreements regarding the scope of the scheme

Photo – The EC is looking for a contractor to create a CBAM certificate platform
The EC is looking for a contractor to create a CBAM certificate platform

Euranimi recently called on the EU to extend the deadline for declaring emissions for imports

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