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Photo – The US remains the main consumer of the EU automotive industry
The US remains the main consumer of the EU automotive industry

The US market accounted for 20% of the value added to EU automotive exports in 2023

Photo – Industrial production in the EU rose by 1.5% m/m in May
Industrial production in the EU rose by 1.5% m/m in May

Among EU member states, the highest monthly decline was recorded in Ireland – 12.4%

Photo – Trump’s new tariffs could restrict scrap supplies to the US from the EU
Trump’s new tariffs could restrict scrap supplies to the US from the EU

A 30% duty on imports from Europe threatens supply chains for EAF steel mills

Photo – Eurometal calls for reform of rules of origin
Eurometal calls for reform of rules of origin

Recommendations include developing practical criteria for recycled content, “melting and casting”

Photo – SHS Group receives approval to build DRI and EAF plants in Saarland
SHS Group receives approval to build DRI and EAF plants in Saarland

Power4Steel project on schedule, bringing Dillinger and Saarstahl closer to climate neutrality

Photo – Trump announces 30% tariffs on imports from the EU and Mexico
Trump announces 30% tariffs on imports from the EU and Mexico

The EU will continue to suspend its countermeasures until early August and insist on negotiations

Photo – Solar energy topped the EU’s energy balance for the first time in June – Ember
Solar energy topped the EU’s energy balance for the first time in June – Ember

Частка вугілля натомість впала до історично низького рівня

Photo – European carbon prices rose above €70/t in June
European carbon prices rose above €70/t in June

In the middle of the month, the price reached its highest level since February

Photo – Europe needs effective protective measures for steel in light of US tariffs – EUROFER
Europe needs effective protective measures for steel in light of US tariffs – EUROFER

US tariffs of 50% on steel imports are devastating for the European steel industry

Photo – The European Commission has extended anti-dumping duties on steel fittings from Asia and Russia
The European Commission has extended anti-dumping duties on steel fittings from Asia and Russia

After review, the EU maintains protection for manufacturers against unfair imports

Photo – Liberty Galați has been given another 30 days to avoid bankruptcy
Liberty Galați has been given another 30 days to avoid bankruptcy

Romania's key steel plant is balancing between restarting production and the risk of bankruptcy

Photo – European steelmakers advocate for rapid replacement of steel safeguard measures
European steelmakers advocate for rapid replacement of steel safeguard measures

The EU steel industry is under pressure from Asian imports and US tariffs

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