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EU - Latest news GMK Center

Photo – The EU has grounds to remove Russian railway products from the market – Interpipe
The EU has grounds to remove Russian railway products from the market – Interpipe

In addition to sanctions, this could be a public procurement policy

Photo – The European Commission has launched additional consultations on CBAM
The European Commission has launched additional consultations on CBAM

The aim of the event is, in particular, to expand the scope of the mechanism and prevent its circumvention

Photo – Inflation in the eurozone accelerated to 2% in June
Inflation in the eurozone accelerated to 2% in June

Energy prices fell by 2.7% over the month

Photo – Austria increased steel production by 12.2% m/m in May
Austria increased steel production by 12.2% m/m in May

During January-May, the industry's production figures fell by 4.5% year-on-year

Photo – Ukraine has the potential to become part of Europe’s green course – Ferrexpo
Ukraine has the potential to become part of Europe’s green course – Ferrexpo

The company is ready to offer European steelmakers high-purity pellets for the production of green steel

Photo – The European Commission has adopted a new state aid system for clean industry
The European Commission has adopted a new state aid system for clean industry

In particular, support is provided for electricity prices for energy-intensive consumers

Photo – Poland increased steel production by 3.7% y/y in January-May
Poland increased steel production by 3.7% y/y in January-May

In May, the country's steel enterprises produced 641 thousand tons of steel

Photo – Europe must protect its steel sector – Moravia Steel
Europe must protect its steel sector – Moravia Steel

The industry faces high energy prices and excessive regulation

Photo – European countries increased steel decarbonization subsidies to €15.1 bln
European countries increased steel decarbonization subsidies to €15.1 bln

Despite funding approvals, construction has only begun on 8 out of 23 projects

Photo – European steel producers call on Brussels to impose duties on scrap exports
European steel producers call on Brussels to impose duties on scrap exports

The industry warns of a possible shortage of raw materials amid Trump's tariffs on steel and aluminum

Photo – France reduced steel production by 20.6% y/y in May
France reduced steel production by 20.6% y/y in May

Between January and May, French steelmakers reduced production by 2.8% y/y

Photo – Třinecké železárny produced 2.42 million tons of steel in 2024
Třinecké železárny produced 2.42 million tons of steel in 2024

The main share of sales was accounted for by wire – 941,000 tons, rolled steel – 471,000 tons, and rails – 241,000 tons

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