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EU - Latest news GMK Center

Photo – Europe needs an open steel market with the UK – Unesid
Europe needs an open steel market with the UK – Unesid

The association expressed concern over the United Kingdom's introduction of protective measures effective July 1

Photo – Industrial production in the eurozone and the EU rose by 0.2% in March
Industrial production in the eurozone and the EU rose by 0.2% in March

The figure fell by 2.1% in the eurozone and by 1.9% in the EU y/y

Photo – European steel processors are criticizing the EU’s new steel import quotas
European steel processors are criticizing the EU’s new steel import quotas

Businesses warn of the risk of supply chain disruptions due to regulatory uncertainty

Photo – European carbon prices in the first half of May ranged from €74 to €77 per ton
European carbon prices in the first half of May ranged from €74 to €77 per ton

The market is reacting to news about the conflict in the Middle East and the European Commission's announcement

Photo – The European Parliament has begun discussing a CBAM deferral for Ukraine
The European Parliament has begun discussing a CBAM deferral for Ukraine

So far, the European Commission has avoided giving clear answers about the prospects for easing the mechanism for Ukraine.

Photo – The EC proposes updating the parameters of the EU ETS: industry will receive more free allowances
The EC proposes updating the parameters of the EU ETS: industry will receive more free allowances

Free allowances will cover approximately 75% of the industrial sector's emissions

Photo – The Ukrainian steel industry and European integration: areas of conflict
The Ukrainian steel industry and European integration: areas of conflict

The European Commission has acknowledged the issue regarding the use of default emission values, and it will be resolved in the near future

Photo – EU protective measures against steel imports may be ineffective – ArcelorMittal Spain
EU protective measures against steel imports may be ineffective – ArcelorMittal Spain

The past 15 years have been «years of slow death» for the European steel industry

Photo – The EU has allocated over €1 billion to hydrogen projects aimed at decarbonization
The EU has allocated over €1 billion to hydrogen projects aimed at decarbonization

Funding will be provided to nine projects aimed at strengthening industry and energy security

Photo – Huta Częstochowa has produced 500,000 tons of steel since resuming operations
Huta Częstochowa has produced 500,000 tons of steel since resuming operations

The company is ramping up production and focusing on specialty steels and the defense sector

Photo – The US will impose 25% tariffs on cars if the EU does not approve the trade agreement
The US will impose 25% tariffs on cars if the EU does not approve the trade agreement

Trump may completely abandon the agreements if the European Union imposes additional trade measures in response

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

The price of day-ahead electricity in Ukraine last month was €113/MWh

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