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EU - Latest news GMK Center

Photo – Construction in the EU grew by 0.8% m/m in October
Construction in the EU grew by 0.8% m/m in October

The highest monthly growth was recorded in Slovenia, Germany, and Portugal

Photo – Car producers criticize EU proposal on energy transition in the industry
Car producers criticize EU proposal on energy transition in the industry

Other stakeholders warn of weakening of Europe's climate strategy

Photo – ArcelorMittal raises prices for hot-rolled coil in the EU for March by €20/t
ArcelorMittal raises prices for hot-rolled coil in the EU for March by €20/t

Flat steel market grows due to trade changes and CBAM, demand remains weak

Photo – The EU will not exempt anyone from the CBAM mechanism – European Commissioner
The EU will not exempt anyone from the CBAM mechanism – European Commissioner

There may be an exception for the UK, provided that the parties' carbon markets are merged

Photo – EUROFER and VW Stahl call for revisions to CBAM
EUROFER and VW Stahl call for revisions to CBAM

Associations criticize the European Commission's approach to exports, circumvention of rules, and protection of the production chain

Photo – Stellantis considers EU plans insufficient for the automotive industry’s energy transition
Stellantis considers EU plans insufficient for the automotive industry’s energy transition

The automaker noted, in particular, that the EU package remains incomplete without a clear definition of the local component

Photo – Construction of the Baekeland substation for ArcelorMittal has begun in Belgium
Construction of the Baekeland substation for ArcelorMittal has begun in Belgium

New 380/150 kV substation in Ghent to be key element in energy transition and industrial electrification

Photo – Poland’s JSW completes key investment in deepening the Pniówek mine shaft
Poland’s JSW completes key investment in deepening the Pniówek mine shaft

The project to deepen shaft III to 1,053 m has improved safety, logistics, and working conditions

Photo – The EU is strengthening CBAM by adding a wide range of goods
The EU is strengthening CBAM by adding a wide range of goods

According to the EC's proposals, this concerns 180 new products

Photo – Metinvest acquires Romanian pipe plant ArcelorMittal Tubular Products
Metinvest acquires Romanian pipe plant ArcelorMittal Tubular Products

The asset in Iași will serve as a production bridge between Ukraine and Europe and will receive raw materials from Zaporizhia

Photo – Demand for steel in Europe will recover somewhat in 2026 – Marcegaglia CEO
Demand for steel in Europe will recover somewhat in 2026 – Marcegaglia CEO

The company's CEO notes that prices are already showing signs of such a recovery

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