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Photo – ArcelorMittal’s Belgian Steelanol faces shutdown due to new EU regulations
ArcelorMittal’s Belgian Steelanol faces shutdown due to new EU regulations

Innovative ethanol plant fails to become profitable due to regulatory restrictions

Photo – ArcelorMittal sells plants in Bosnia and Herzegovina to Pavgord Group
ArcelorMittal sells plants in Bosnia and Herzegovina to Pavgord Group

ArcelorMittal Zenica and Prijedor are being acquired by a new owner – the deal is expected to close by the end of 2025

Photo – IMF warns Europe about the risk of economic stagnation
IMF warns Europe about the risk of economic stagnation

The Fund called on the region to take urgent measures to support economic growth and investment

Photo – Council and European Parliament agree on amendments to CBAM
Council and European Parliament agree on amendments to CBAM

A new de minimis weight threshold and changes to simplify imports were supported

Photo – Italy increased steel production by 8.9% m/m in May
Italy increased steel production by 8.9% m/m in May

Between January and May, the indicator grew by 4.1% y/y

Photo – EU trade defense measures do not sufficiently cover the long steel market – Beltrame
EU trade defense measures do not sufficiently cover the long steel market – Beltrame

The company's CEO said that priority is given to flat products

Photo – Construction in the EU increased by 1.4% m/m in April
Construction in the EU increased by 1.4% m/m in April

The largest growth was observed in Hungary, Spain and Slovenia

Photo – Hot rolled coil prices in the EU may drop to €570/t – WSD
Hot rolled coil prices in the EU may drop to €570/t – WSD

Despite the decline, HRC prices may rise in the fall due to new trade measures and reduced supply

Photo – Eurometal celebrates 75th anniversary of its foundation
Eurometal celebrates 75th anniversary of its foundation

The association will celebrate the event with an anniversary conference in Luxembourg

Photo – The EU increased imports of iron and steel products from Russia by 8.6% y/y in January-April
The EU increased imports of iron and steel products from Russia by 8.6% y/y in January-April

The bulk of the volume is accounted for by pig iron, semi-finished steel products and direct reduced iron

Photo – The EU reduced imports of direct reduced iron by 20.8% y/y in January-April
The EU reduced imports of direct reduced iron by 20.8% y/y in January-April

The indicator was affected by the almost complete cessation of imports by Germany and the Netherlands

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