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EU - Latest news GMK Center

Photo – Imports of green energy products to the EU exceed €14 billion per year
Imports of green energy products to the EU exceed €14 billion per year

In 2024, the EU sharply reduced imports of solar panels but increased purchases of wind turbines

Photo – Uncontrolled scrap market becomes a challenge for large investment projects in the EU
Uncontrolled scrap market becomes a challenge for large investment projects in the EU

Free trade in scrap metal threatens the availability of raw materials on the market and plans to decarbonize the steel industry

Photo – New EU safeguard measures on steel imports should not harm Ukraine’s exports
New EU safeguard measures on steel imports should not harm Ukraine’s exports

When allocating new quotas, the EC will take into account the Ukrainian security situation

Photo – Defensive play: how the steel market is reacting to the EC’s proposal
Defensive play: how the steel market is reacting to the EC’s proposal

European steelmakers are generally supportive, while trading partners are asking for consultations

Photo – EU plan to reduce steel quotas threatens European automotive industry – ACEA
EU plan to reduce steel quotas threatens European automotive industry – ACEA

Car manufacturers warn of rising costs and more complicated steel import rules

Photo – The EC has introduced significant strengthening of protective measures on steel imports
The EC has introduced significant strengthening of protective measures on steel imports

The European Commission proposes a substantial reduction in quotas and a 50% tariff on all imports outside the quota

Photo – Indonesia has called on the EU to lift tariffs on its stainless steel products
Indonesia has called on the EU to lift tariffs on its stainless steel products

Earlier, a group of WTO experts supported the country on this issue

Photo – Interpipe explained how it determined the real growth potential of the EU market
Interpipe explained how it determined the real growth potential of the EU market

The company's strategy was to intensify R&D and master new pipe products

Photo – EU quota cuts pose a greater threat to British steel industry than US tariffs
EU quota cuts pose a greater threat to British steel industry than US tariffs

New EU restrictions could cut Britain off from its largest steel market and exacerbate the crisis in the industry

Photo – Eurometal calls on the EU to take action on imports of steel derivatives
Eurometal calls on the EU to take action on imports of steel derivatives

These products often circumvent trade defense measures and CBAM, according to the association

Photo – The UK may conclude an agreement with the EU on exemption from CBAM – The Guardian
The UK may conclude an agreement with the EU on exemption from CBAM – The Guardian

The parties are currently considering a temporary agreement as a possibility

Photo – The EC is ready to support European industry as a whole – EUROFER
The EC is ready to support European industry as a whole – EUROFER

Europe must think strategically about steel, according to the association

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