EU - Latest news GMK Center

For Ukraine, this tariff will be 10%

The company raised the price by €20/t due to increased demand and an expected reduction in steel imports to Europe

Energy prices decreased by 0.7% over the month

Most of the shutdown enterprises are managed by Liberty Steel Group

This could be part of the next package of proposals to reduce bureaucratic burdens

In February, the country's steelmakers reduced steel production by 3.3% m/m, but increased it by 1% y/y

More than 60% of deliveries are to Turkey

Countries call for reduction of red tape for companies

During the month, French steelmakers produced 915 thousand tons of steel

French startup to invest in green steel and create 500 jobs

This should help European steelmakers increase production and regain market share

The European market is one of the main export markets for the company