EU

25 July 2024

EUROFER has downgraded its EU visible steel consumption forecast in 2024 to +1.4% y/y

Expectations regarding the growth of the indicator in 2025 have also been reduced to +4.1% y/y

25 July 2024

France in June reduced steel production by 33.3% m/m

In the first half of the year, French steelmakers increased steel output by 6.1% y/y

23 July 2024

The total project budget is €85.91 million

22 July 2024

European CBAM will cost India 0.05% of GDP – analysts

Exports of goods to EU covered by CBAM accounted for 9.91% of India's total exports to the bloc in 2022-23

19 July 2024

ECB leaves key interest rates unchanged

The regulator expects inflation to remain above target over the next year

19 July 2024

Construction in the EU fell by 1% m/m in May

Compared to May 2023, the indicator fell by 2.5%

16 July 2024

Industrial production in the EU in May decreased by 0.8% m/m

Compared to May 2023, the indicator decreased by 2.5%

16 July 2024

Italian distributors reduced steel sales by 15% y/y in the first half of the year

The negative trend is explained by consistently low prices for products

08 July 2024

Industrial production in France fell by 2.1% m/m during May

Production in steel industry fell by 3.1% m/m

08 July 2024

EU and India develop cooperation on CBAM

04 July 2024

High costs for electricity in the EU will remain in the transition to net zero – BusinessEurope

Providing electricity at competitive prices will be crucial for preserving Europe's industrial base

03 July 2024

Ukraine reduced exports to the EU by 9.7% y/y in the first half of the year

Export of goods to consumers of the European Union reached $10.97 billion

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