EU - Latest news GMK Center

Support covers debt restructuring, recapitalization, and investments in modernization

Raw material imports grew by over 50%

During January-July, the industry's production figures fell by 3.7% year-on-year

Export revenue for the period decreased by 2.6% y/y

The bulk of this volume consists of pig iron, semi-finished steel products, and direct reduced iron

The updated price list takes into account the increase in logistics and galvanized rolled steel costs for pipe production

During January-July, the indicator grew by 2.8% y/y

The weighted average price for day-ahead trading in Ukraine last month was €112.6/MWh

This figure was influenced by the almost complete cessation of imports by Germany and the Netherlands

The industry association believes this will support the European solar energy market

Between January and July, French steelmakers reduced production by 7.8% y/y

Energy prices fell by 1.9% over the month