icon

EU - Latest news GMK Center

Photo – Gas prices in Europe fluctuated within a limited range in October
Gas prices in Europe fluctuated within a limited range in October

Analysts predict that wholesale prices will depend on weather conditions in winter

Photo – European steel distributors lowered expectations for Q4 activity
European steel distributors lowered expectations for Q4 activity

However, according to the Eurometal survey, price sentiment in the sector is improving

Photo – Spain increased steel production by 11% m/m in September
Spain increased steel production by 11% m/m in September

Over 9 months, the indicator increased by 2.2%, reducing the growth rate to the lowest level since the beginning of the year

Photo – The EU reduced imports of direct reduced iron by 24.8% y/y in January-August
The EU reduced imports of direct reduced iron by 24.8% y/y in January-August

The indicator was affected by a significant decline in imports by Germany and the Netherlands

Photo – Federacciai supports the Italian government’s position on the EU Green Deal
Federacciai supports the Italian government’s position on the EU Green Deal

The federation believes that decarbonization should be supported with tools that meet economic realities

Photo – UK seeks sustainable alliance with EU to counter China – Politico
UK seeks sustainable alliance with EU to counter China – Politico

London hopes that this will help to obtain exemptions from the new protective measures of the bloc

Photo – France cut steel production by 20.8% y/y in September
France cut steel production by 20.8% y/y in September

In January-September, French steelmakers decreased by 9.7% y/y

Photo – Polish HIPH hopes for rapid implementation of EU steel safeguard measures
Polish HIPH hopes for rapid implementation of EU steel safeguard measures

The EC proposal is a change in approach to WTO rules

Photo – Germany increased steel production by 15.4% m/m in September
Germany increased steel production by 15.4% m/m in September

In annual comparison, the indicator has been declining for the ninth month in a row

Photo – New tariffs and CBAM will push up steel prices in the EU and the UK – forecast
New tariffs and CBAM will push up steel prices in the EU and the UK – forecast

The British government may introduce similar or coordinated measures with the EU

Photo – ArcelorMittal Fos-sur-Mer plans to resume production in early December
ArcelorMittal Fos-sur-Mer plans to resume production in early December

Following the incident on October 8, the company is completing safety work and has begun restoring equipment

Photo – SSAB Europe reduced steel shipments by 18% q/q in Q3
SSAB Europe reduced steel shipments by 18% q/q in Q3

The company noted a weak market in Europe, but improved operating results in the Americas

1 27 28 29 30 31 121