EU

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EC approves €400 million in aid to Spain for green hydrogen production

The financing supports projects within the Hydrogen Bank and will contribute to the decarbonization of industry

metipol.ua
Spain reduced rolled steel exports by 24.4% m/m in January

Imports of relevant products from third countries increased by 3.3 times m/m.

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France increased rolled steel exports by 16.9% y/y in January

Imports of relevant products from third countries increased by 51.8% y/y

benteler.com
Italy reduced rolled steel exports by 12% y/y in January

Imports of relevant products from third countries increased by 6.4% y/y

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Germany increased rolled steel exports by 23.7% m/m in January

Shipments of flat products to third countries increased by 23.5% m/m and long products – by 24.2% m/m

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ECB cuts key policy rates by 25 basis points

Risks to the euro area economy have increased due to rising tensions in global trade

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Industrial production in the EU increased by 1% m/m in February

Among the EU member states, the highest monthly growth was recorded in Ireland – 10.8%.

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Turkey exhausts a number of EU steel import quotas for Q2

In particular, the country chose to buy rebar and wire rod

metinvestholding.com
The basis of European integration is a new regulatory system without bureaucracy – Metinvest CEO

Metinvest CEO calls for a deep restructuring of Ukraine's infrastructure and business environment

thyssenkrupp-materials-services.com
ThyssenKrupp considers sale or spin-off of Materials Services

The unit, which could cost up to €2 billion, is part of the group's restructuring plan

tenaris.com
Tenaris launched the first solar power park in Romania for the steel industry

A $21.5 million investment will partially power the steelmaking facility in Kehlerash with clean energy

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Transport visa-free regime between Ukraine and the EU extended until the end of 2025

Agreement on freight liberalization automatically extended due to efficiency and compliance with conditions

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