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EU - Latest news GMK Center

Photo – Industrial production in the EU rose by 0.2% m/m in July
Industrial production in the EU rose by 0.2% m/m in July

In the eurozone, the figure increased by 0.3% month-on-month

Photo – Car production in the EU fell by 11.4% y/y in Q1 – EUROFER
Car production in the EU fell by 11.4% y/y in Q1 – EUROFER

The EU automotive sector is experiencing a record decline, with forecasts for 2025 remaining negative

Photo – EU construction sector recovered slightly in Q1 – EUROFER
EU construction sector recovered slightly in Q1 – EUROFER

Despite weak demand for housing, the sector is supported by public investment and NextGenerationEU programs

Photo – Germany seeks to soften EU emissions reduction requirements for industry
Germany seeks to soften EU emissions reduction requirements for industry

The country intends to reach an agreement with the European Commission

Photo – MEPs call on the EC to develop effective restrictions on steel imports
MEPs call on the EC to develop effective restrictions on steel imports

The new protective instrument should provide comprehensive coverage of products and address the issue of circumvention

Photo – Steel exports from the EU fell by 12% y/y in Q2 – EUROFER
Steel exports from the EU fell by 12% y/y in Q2 – EUROFER

The decline affected both flat and long products, with the largest drop in the rebar segment

Photo – The ECB has left key rates unchanged for the second time in a row
The ECB has left key rates unchanged for the second time in a row

The regulator's new forecasts show an inflation picture similar to that expected in June

Photo – Steel imports to the EU fell by 3% y/y in Q2 – EUROFER
Steel imports to the EU fell by 3% y/y in Q2 – EUROFER

Despite the decline, imports hold 25% of the market and put pressure on European producers

Photo – The EU is preparing for an anti-dumping investigation into cold-rolled steel from three countries
The EU is preparing for an anti-dumping investigation into cold-rolled steel from three countries

Market sources suggest that the trade case will be announced in September

Photo – European Parliament approves CBAM simplification
European Parliament approves CBAM simplification

In particular, a new minimum import weight threshold has been set and reporting rules have been simplified

Photo – The EU reduced scrap exports to 8.1 million tons in 1H2025
The EU reduced scrap exports to 8.1 million tons in 1H2025

About 70% of shipments went to Turkey

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