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EU - Latest news GMK Center

Photo – The EU increased imports of direct reduced iron by 5.4% y/y in 2024
The EU increased imports of direct reduced iron by 5.4% y/y in 2024

More than 38% of supplies come from Russia

Photo – Italy increased steel production by 5.9% m/m in February
Italy increased steel production by 5.9% m/m in February

In January-February, the indicator grew by 1.2% y/

Photo – Germany reduced steel production by 13.5% y/y in February
Germany reduced steel production by 13.5% y/y in February

Since the beginning of the year, the indicator has decreased by 13.1% y/y

Photo – UK considers linking its ETS to the EU carbon market
UK considers linking its ETS to the EU carbon market

Currently, prices in the UK emissions trading system are significantly lower than in Europe

Photo – The share of renewable energy in the EU increased to 46.9% in 2024
The share of renewable energy in the EU increased to 46.9% in 2024

Denmark became the leader in green power generation

Photo – EU reduced energy imports by 7.1% y/y in 2024
EU reduced energy imports by 7.1% y/y in 2024

In value terms, these imports fell by 16.2% year-on-year

Photo – Recycling associations concerned about EC proposals in steel and metals action plan
Recycling associations concerned about EC proposals in steel and metals action plan

In turn, steelmakers point to the need for a scrap conservation policy in Europe

Photo – EU postpones retaliatory duties on US goods until mid-April
EU postpones retaliatory duties on US goods until mid-April

Brussels seeks to minimize the negative effects of the trade conflict on the economy

Photo – Hoberg & Driesch acquires a stake in Salzgitter’s pipe business
Hoberg & Driesch acquires a stake in Salzgitter’s pipe business

The deal will allow Hoberg & Driesch to strengthen its market position and expand its product range

Photo – Huta Częstochowa is exploring opportunities for cooperation with Rurexpol pipe rolling plant
Huta Częstochowa is exploring opportunities for cooperation with Rurexpol pipe rolling plant

Pipe company is in the process of liquidation due to rising costs and declining competitiveness

Photo – Steel and Metals Action Plan requires immediate implementation – EUROFER
Steel and Metals Action Plan requires immediate implementation – EUROFER

European steelmakers say energy prices remain a problem

Photo – Construction in the EU increased by 0.2% m/m in January
Construction in the EU increased by 0.2% m/m in January

Compared to January 2024, the figure increased by 0.2%.

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