EU - Latest news GMK Center

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

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

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

The industry faces high energy prices and excessive regulation

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

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

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

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

This is the first significant volume of UPJ-M threaded pipes shipped to the European market

Cheap Russian raw materials undermine the green transition of European steel industry

Higher tariffs and a stronger euro are expected to slow exports in the near term

The company is investing in the decarbonization of steelmaking through the development of a circular economy