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EU - Latest news GMK Center

Photo – European Commission proposes to extend duty-free imports of Ukrainian steel
European Commission proposes to extend duty-free imports of Ukrainian steel

The EU plans to support Ukraine's steel sector while maintaining exemptions from trade restrictions

Photo – Norway is preparing to introduce CBAM in 2027
Norway is preparing to introduce CBAM in 2027

The country's authorities seek to protect national industry and stimulate the reduction of CO2 emissions in the world

Photo – Ukraine passes EU screening for free movement of goods
Ukraine passes EU screening for free movement of goods

Preparation for the screening lasted six months

Photo – European producers prepare for higher prices for HRC
European producers prepare for higher prices for HRC

Buyers cannot book purchases from local producers at a price lower than €600/t. Psychologically, the market is ready for a price change, distributors say

Photo – EU to publish action plan on steel sector in two weeks
EU to publish action plan on steel sector in two weeks

The document, in particular, provides for additional priority actions for the sector

Photo – Inflation in the euro area slowed to 2.4% y/y in February
Inflation in the euro area slowed to 2.4% y/y in February

Energy prices rose by only 0.2% last month, compared to 1.9% in January

Photo – EU plan could cut fossil fuel imports by €45 billion in 2025
EU plan could cut fossil fuel imports by €45 billion in 2025

Annual savings by 2030 could increase to €130 billion

Photo – Interpipe offers railway products to the Ukrainian market in accordance with DSTU EN
Interpipe offers railway products to the Ukrainian market in accordance with DSTU EN

More than 2000 European standards, including those for railway products, were introduced in early 2024 as part of European integration

Photo – Spain increased steel production by 17.8% m/m in January
Spain increased steel production by 17.8% m/m in January

During the month, Spanish steelmakers produced 1.02 million tons of steel

Photo – EU steel demand may rise in Q2 despite high risks – WSD
EU steel demand may rise in Q2 despite high risks – WSD

Construction recovery and import decline to support the European steel market

Photo – France cut steel production by 12.8% y/y in January
France cut steel production by 12.8% y/y in January

French steelmakers produced 755 thousand tons of steel during the month

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