EU

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The EU has almost exhausted its annual quota for imports of Russian pig iron in 3 months

Despite the sanctions, in the first quarter, Russia exported 697 thousand tons of pig iron to the EU out of the authorized 700 thousand tons

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Austria reduced steel production by 6% y/y in January-April

In April, the country's steelmakers produced 615 thousand tons of steel

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CBAM threatens exports to the EU: business united and calls on the Cabinet of Ministers to take immediate action

If Ukraine does not apply to the EU in the coming weeks, the tangible impact of the CBAM on the economy will begin in November 2025

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German ROGESA shuts down blast furnace No. 4 for 55-day maintenance

The work started on May 21, earlier than the originally planned third quarter

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Ukraine, Romania, and the EU are strengthening logistics cooperation in the Danube region

Trilateral meeting on port infrastructure and shipping development held in Galati

Tariff war: the first major agreement and the EU’s push

In May, the US signed a trade deal with Britain, Trump promised and postponed 50 percent tariffs for the EU

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Salzgitter sells Austrian Stahlhandel to ECCO Group as part of restructuring

ECCO Group will acquire the companies in Graz and Gratkorn. The transaction is part of Salzgitter AG's portfolio renewal

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Poland increased steel production by 3.9% y/y in January-April

Polish steelmakers produced 633 thousand tons of steel in April

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Spain increased steel production by 6.1% y/y in January-April

In April, Spanish steelmakers stabilized their monthly and annual performance

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EU increased imports of iron and steel products from Russia by 28% y/y in Q1

The bulk of the volume is accounted for by pig iron, semi-finished steel products and direct reduced iron

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France increased steel production to 893 thousand tons in April

In January-April, French steelmakers increased their output by 2.5% y/y

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