EU - Latest news GMK Center

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

The agreement is planned to be completed by the end of the 2025/26 financial year, and the company's staff will be retained

Supplies reached 7.15 million tons amid price recovery, while imports fell by 11% y/y

In December, the industry's production indicators grew by 10.9% y/y