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EU - Latest news GMK Center

Photo – Construction in the European Union increased by 0.1% m/m in March
Construction in the European Union increased by 0.1% m/m in March

The largest growth was observed in Austria, Romania, and the Czech Republic

Photo – EC downgraded its forecast for EU GDP growth in 2025 to 1.1%
EC downgraded its forecast for EU GDP growth in 2025 to 1.1%

The estimate of the bloc's economic growth in 2026 has been revised to 1.5%

Photo – EU increased greenhouse gas emissions by 2.2% y/y in Q1
EU increased greenhouse gas emissions by 2.2% y/y in Q1

The largest increase in emissions was recorded by households – by 5.2% y/y

Photo – Industrial production in the EU grew by 1.9% m/m in March
Industrial production in the EU grew by 1.9% m/m in March

Among the EU member states, the highest monthly growth was recorded in Ireland – 14.6%.

Photo – EU exported 3 million tons of scrap in January-February
EU exported 3 million tons of scrap in January-February

More than 66% of deliveries are to Turkey

Photo – Europe needs a breakthrough in industrial policy – Federacciai
Europe needs a breakthrough in industrial policy – Federacciai

The president of the industry association, in particular, noted unfavorable energy prices

Photo – European Commission starts consultations on possible response to US tariffs
European Commission starts consultations on possible response to US tariffs

The EC is also consulting on possible restrictions on scrap exports

Photo – Tosyalı abandons the acquisition of Liberty Steel in Luxembourg
Tosyalı abandons the acquisition of Liberty Steel in Luxembourg

The decision is explained by the revision of the EU's safeguard measures against steel imports from third countries

Photo – European Parliament supports extension of duty-free regime for Ukrainian steel
European Parliament supports extension of duty-free regime for Ukrainian steel

Once approved by the EU Council, the preferential regime will be valid until June 2028

Photo – EU stainless steel producers strengthen their positions despite geopolitical instability
EU stainless steel producers strengthen their positions despite geopolitical instability

Acerinox and Outokumpu report Q1 EBITDA and production growth and expect further improvement

Photo – Acciaierie di Verona opens a plant for the production of rebar coils
Acciaierie di Verona opens a plant for the production of rebar coils

Italian company invests in new facilities to strengthen product quality and expand product range

Photo – Electricity prices in Europe fell significantly in April
Electricity prices in Europe fell significantly in April

Blackouts in Spain and Portugal at the end of the month highlighted the problems of the EU energy grid

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