EU - Latest news GMK Center

During 1H2025, the industry's production figures fell by 4.9% y/y

This work will have implications for the future cross-border carbon adjustment mechanism

The industry demands fair trade conditions and protection from excessive imports

The agreement between the parties opens up clear prospects for joint action on steel, aluminum, copper, and related products

Production volumes grew by 7.4% y/y in 1H2025

Despite the efforts of the European Commission, 50% tariffs on steel remain in place and threaten exports and production in the EU

The parties have agreed on a fixed duty, the abolition of tariffs on strategic goods, and new energy agreements

In June, steel production in the country grew by 4.1% y/y

Weak demand, cheap imports from Asia, and the approaching CBAM caused a further decline in coil prices

The Commission has noted a shortage of scrap for steelmakers and warned of risks to green policy

Between January and June, French steelmakers reduced production by 5.3% year-on-year

The producer claims to have lost profitability due to cheap imported steel and high energy prices and CO2 emissions