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EU - Latest news GMK Center

Photo – The EU has finally approved the trade agreement with the US
The EU has finally approved the trade agreement with the US

The parties still have unresolved differences, particularly regarding metal tariffs

Photo – European gas prices in the second half of June stood at €40–42/MWh
European gas prices in the second half of June stood at €40–42/MWh

Despite the fall in prices, the market remains sensitive to developments in the Middle East

Photo – The EU’s requirement regarding the smelting and casting of steel will come into force in October
The EU’s requirement regarding the smelting and casting of steel will come into force in October

The bloc’s new regulation on steel has been published in the Official Journal

Photo – South Korea has reached a consensus with the EU on European steel quotas
South Korea has reached a consensus with the EU on European steel quotas

The country’s Minister for Industry did not specify what volumes were involved

Photo – European carbon prices rose to €80/t in June
European carbon prices rose to €80/t in June

The market is reacting to political decisions and expectations regarding ETS reform

Photo – EU industrialists are joining forces to support the Made in Europe policy – analyst
EU industrialists are joining forces to support the Made in Europe policy – analyst

The bloc’s largest car manufacturers have joined forces to promote appropriate regulation

Photo – New TRQ for Ukraine: a policy shock with no market rationale
New TRQ for Ukraine: a policy shock with no market rationale

Stricter EU tariff-rate quotas would harm Ukraine’s wartime economy without solving Europe’s real steel-market challenges

Photo – Sebastian Will: «There is no longer any consistency in scrap consumers’ behaviour»
Sebastian Will: «There is no longer any consistency in scrap consumers’ behaviour»

The ability of scrap processing companies to respond quickly to changes is becoming increasingly important

Photo – BIR calls on the steel processing sector to discuss new EU steel market regulations
BIR calls on the steel processing sector to discuss new EU steel market regulations

New EU regulations will have a significant impact on the secondary raw materials market

Photo – Industrial production in the EU rose by 0.1% m/m in April
Industrial production in the EU rose by 0.1% m/m in April

On an annual basis, this figure increased by 0.9%

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