EU - Latest news GMK Center

European steelmakers have noted many improvements proposed for the mechanism

Tightening trade defenses against Ukrainian steel would impose heavy economic consequences while delivering little benefit to the European market

The regulator has also raised its inflation forecast for this year

The association believes that the revision of the scheme must be in line with the industry’s actual needs

The country is seeking access to the European market on terms no less favourable than those enjoyed by its competitors

Competition for LNG could intensify this summer, depending on weather conditions in Asia

CBAM and steel import quotas were designed to protect European producers, but now they risk hurting a future EU member’s industrial backbone

Ukraine’s integration into the European industrial landscape will enhance opportunities for all parties

The economic threat to the industry is being exacerbated by the war, which has cut it off from some of its markets

Despite the overall upturn, the Turkish market showed minimal growth against a backdrop of weak demand

Steel imports into the EU accounted for 30% of total consumption last year

The initiative will complement another programme approved at the end of last year