EU

European countries increased steel decarbonization subsidies to €15.1 bln

Despite funding approvals, construction has only begun on 8 out of 23 projects

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European steel producers call on Brussels to impose duties on scrap exports

The industry warns of a possible shortage of raw materials amid Trump's tariffs on steel and aluminum

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France reduced steel production by 20.6% y/y in May

Between January and May, French steelmakers reduced production by 2.8% y/y

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Třinecké železárny produced 2.42 million tons of steel in 2024

The main share of sales was accounted for by wire – 941,000 tons, rolled steel – 471,000 tons, and rails – 241,000 tons

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Interpipe supplied premium pipes for gas production in Romania

This is the first significant volume of UPJ-M threaded pipes shipped to the European market

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The EU should tighten sanctions on Russian iron and steel products – Metinvest

Cheap Russian raw materials undermine the green transition of European steel industry

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The ECB is well positioned to operate in uncertain conditions – Lagarde

Higher tariffs and a stronger euro are expected to slow exports in the near term

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ArcelorMittal has significantly expanded scrap processing in Europe since 2022

The company is investing in the decarbonization of steelmaking through the development of a circular economy

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ArcelorMittal’s Belgian Steelanol faces shutdown due to new EU regulations

Innovative ethanol plant fails to become profitable due to regulatory restrictions

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ArcelorMittal sells plants in Bosnia and Herzegovina to Pavgord Group

ArcelorMittal Zenica and Prijedor are being acquired by a new owner – the deal is expected to close by the end of 2025

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IMF warns Europe about the risk of economic stagnation

The Fund called on the region to take urgent measures to support economic growth and investment

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Council and European Parliament agree on amendments to CBAM

A new de minimis weight threshold and changes to simplify imports were supported

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