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Photo – Doubling of US tariffs on steel imports will put pressure on European steel industry – WV Stahl
Doubling of US tariffs on steel imports will put pressure on European steel industry – WV Stahl

On May 30, Trump announced a 50% increase in tariffs on steel and aluminum imports to the United States

Photo – Poland exported a record 2.8 million tons of scrap in 2024
Poland exported a record 2.8 million tons of scrap in 2024

Raw material supplies to third countries increased by 1.4% y/y, and to the EU – by 10.1% y/y

Photo – Carbon prices in the EU increased by 7% in May
Carbon prices in the EU increased by 7% in May

ICE launches first CO2 futures in the upcoming ETS2

Photo – The EU has almost exhausted its annual quota for imports of Russian pig iron in 3 months
The EU has almost exhausted its annual quota for imports of Russian pig iron in 3 months

Despite the sanctions, in the first quarter, Russia exported 697 thousand tons of pig iron to the EU out of the authorized 700 thousand tons

Photo – Austria reduced steel production by 6% y/y in January-April
Austria reduced steel production by 6% y/y in January-April

In April, the country's steelmakers produced 615 thousand tons of steel

Photo – CBAM threatens exports to the EU: business united and calls on the Cabinet of Ministers to take immediate action
CBAM threatens exports to the EU: business united and calls on the Cabinet of Ministers to take immediate action

If Ukraine does not apply to the EU in the coming weeks, the tangible impact of the CBAM on the economy will begin in November 2025

Photo – German ROGESA shuts down blast furnace No. 4 for 55-day maintenance
German ROGESA shuts down blast furnace No. 4 for 55-day maintenance

The work started on May 21, earlier than the originally planned third quarter

Photo – Ukraine, Romania, and the EU are strengthening logistics cooperation in the Danube region
Ukraine, Romania, and the EU are strengthening logistics cooperation in the Danube region

Trilateral meeting on port infrastructure and shipping development held in Galati

Photo – Tariff war: the first major agreement and the EU’s push
Tariff war: the first major agreement and the EU’s push

In May, the US signed a trade deal with Britain, Trump promised and postponed 50 percent tariffs for the EU

Photo – Salzgitter sells Austrian Stahlhandel to ECCO Group as part of restructuring
Salzgitter sells Austrian Stahlhandel to ECCO Group as part of restructuring

ECCO Group will acquire the companies in Graz and Gratkorn. The transaction is part of Salzgitter AG's portfolio renewal

Photo – Poland increased steel production by 3.9% y/y in January-April
Poland increased steel production by 3.9% y/y in January-April

Polish steelmakers produced 633 thousand tons of steel in April

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