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EU - Latest news GMK Center

Photo – Inflation in the eurozone rose to 2.2% y/y in November
Inflation in the eurozone rose to 2.2% y/y in November

The service sector remains the main driver of growth, while energy prices continue to fall

Photo – Apparent steel consumption in the EU will grow by 3% in 2026 – EUROFER
Apparent steel consumption in the EU will grow by 3% in 2026 – EUROFER

At the same time, in 2025, the indicator will decline for the fourth consecutive year

Photo – Chinese steel will lose its price advantage in Europe with the introduction of CBAM – forecast
Chinese steel will lose its price advantage in Europe with the introduction of CBAM – forecast

The window of opportunity will remain open only for 2026 and 2027

Photo – EU countries seek safeguards in tariff agreement with the US
EU countries seek safeguards in tariff agreement with the US

The bloc wants to be able to counteract a possible surge in American imports

Photo – EU recycled 92% of steel slag in 2024 – EUROSLAG
EU recycled 92% of steel slag in 2024 – EUROSLAG

Reusing the product has cut down on natural stone mining and saved millions of tons of CO2 emissions

Photo – EU-India agreement must take into account challenges facing the bloc’s steel industry – EUROFER
EU-India agreement must take into account challenges facing the bloc’s steel industry – EUROFER

European steelmakers call for a level playing field and protection of strategic industries in negotiations with India

Photo – Belgium increased steel production by 3.4% m/m in October
Belgium increased steel production by 3.4% m/m in October

During January-October, production decreased by 1.1% y/y

Photo – ArcelorMittal raises prices for long products in Europe by €30/t
ArcelorMittal raises prices for long products in Europe by €30/t

Other EU producers have also announced their intention to increase prices by €20-30/t

Photo – Austria increased steel production by 35.8% y/y in October
Austria increased steel production by 35.8% y/y in October

During January-October, the industry's production indicators grew by 5.3% year-on-year

Photo – Poland reduced steel production by 11.1% y/y in October
Poland reduced steel production by 11.1% y/y in October

In January-October, production increased by 3.5% year-on-year

Photo – ArcelorMittal Poland closes the Huta Królewska plant in Chorzów
ArcelorMittal Poland closes the Huta Królewska plant in Chorzów

Production at the enterprise will be completed by the end of the year. 270 workers are subject to redundancy

Photo – Saarstahl acquires Dutch steel producer FNsteel
Saarstahl acquires Dutch steel producer FNsteel

With this deal, the Saarstahl Group is strengthening its position in the automotive and construction steel market

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