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EU - Latest news GMK Center

Photo – Pipe production in the EU falls for the sixth consecutive quarter – EUROFER
Pipe production in the EU falls for the sixth consecutive quarter – EUROFER

Weak recovery in 2025-2026 will not compensate for losses due to the energy crisis and low investment

Photo – The EC has published an update to the CBAM regarding the integration of the mechanism into TARIC
The EC has published an update to the CBAM regarding the integration of the mechanism into TARIC

The report may, in particular, contain data on the carbon price payable in the country of origin

Photo – EUROFER has improved its expectations for EU automotive production in 2025
EUROFER has improved its expectations for EU automotive production in 2025

Uncertainty surrounding electric vehicles and trade barriers are holding back the industry's recovery in Europe

Photo – Ukrainian electricity prices are on par with European ones
Ukrainian electricity prices are on par with European ones

Domestic industry forced to compete on unequal terms

Photo – Indian steel exports to the EU could decline significantly after the launch of CBAM
Indian steel exports to the EU could decline significantly after the launch of CBAM

The introduction of carbon tariffs on January 1 will force Indian steel mills to reorient their supplies

Photo – EUROFER has raised its forecast for construction growth in the EU in 2025 to 0.1% y/y
EUROFER has raised its forecast for construction growth in the EU in 2025 to 0.1% y/y

The updated forecast signals a weak recovery in 2025 and a moderate acceleration in 2026

Photo – The EU reduced steel exports by 8% y/y in January-August – EUROFER
The EU reduced steel exports by 8% y/y in January-August – EUROFER

A decline in shipments was recorded in most directions and product categories, especially in the long-rolled segment

Photo – The EU reduced imports of flat steel products by 4% y/y in January-August – EUROFER
The EU reduced imports of flat steel products by 4% y/y in January-August – EUROFER

Total steel shipments increased by 0.3% y/y, with long products up 14% y/y

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

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