EU

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Carbon emission allowances price in Europe dropped significantly at the beginning of 2024

Decarbonization of the region's energy system is taking place at a rapid pace

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EU imported 1.03 million tons of semi-finished products from Ukraine in 2023

In December, deliveries of Ukrainian products to the EU amounted to 92.64 thousand tons

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Government to approve plan for Ukraine Facility in March

The European Parliament supported the regulation on launching a support program for Ukraine

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Ukrainian Railways submits €80 million worth of projects to CEF competition

The company is waiting for the results of the competition in June 2024

EU reduced flat products imports by 8% y/y in 2023

The main suppliers of flat products in the EU last year were South Korea, India, Taiwan and Vietnam

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Spain increased steel production by 33.4% m/m in January

During the month, Spanish steelmakers produced 950,000 tons of steel

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EC approves €1.3 billion in state aid for ArcelorMittal’s decarbonization in Germany

EC considers the aid necessary and expedient to promote the production of environmentally friendly steel

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How fast can Ukraine launch its own ETS?

The creation of an emissions trading system requires the solution of many questions to which there are no unequivocal answers

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EU reduced iron ore imports by 11% y/y in 2023

Over the year, Ukraine increased its shipments of munitions to the EU by 3.7% y/y

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EU scrap exports increased by 7% y/y in 2023

The main consumer of raw materials is Türkiye – 57.1% of total exports of raw materials

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EU needs an additional €406 billion annually to achieve its climate goal

Overcoming the deficit of green investments will require a comprehensive approach

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Construction in the EU increased by 1.3% m/m in December

Compared to December 2022, the indicator increased by 2.4%

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