EU

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European Commission starts consultations on possible response to US tariffs

The EC is also consulting on possible restrictions on scrap exports

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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

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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

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EU stainless steel producers strengthen their positions despite geopolitical instability

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

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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

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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Voestalpine demands compensation for electricity costs to maintain production

Austrian steel giant calls on the government to ensure fair competition in the EU

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Trump’s tariff expansion could hit EU goods by another €170 billion

The bloc is preparing retaliatory measures in case of failure of negotiations and monitors the risks of import diversion

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One of the most modern rolling lines in Europe to be opened in Polish Silesia

Cognor completes construction of a new rolling line in Siemianowice Słonske worth PLN 800 million

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Inflation in the euro area stabilized at +2.2% y/y in April

Energy prices decreased by 3.5% over the month

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EU considers increasing purchases from the US by €50 billion

China is evaluating the possibility of negotiations, and Japan aims to reach a trade agreement in June

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EU’s GDP grew by 0.3% q/q in Q1

The bloc's economy grew by 1.4% year-on-year

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