EU - Latest news GMK Center

The bloc seeks to prevent the European market from being flooded with cheap steel after the introduction of US tariffs

Product shipments grow for the second year in a row after a significant drop in 2022

The document, in particular, provides protection against unfair competition and carbon leakage risks

The company will become a key supplier of raw materials for the country's defense plants

Exports increased for the first time since 2019

The situation is almost catastrophic – both we and our European partners will lose from it

Applications will be accepted on March 28

Restrictions on scrap exports are also being considered

Forecasts for consumption sectors are favorable, but protective measures may worsen supply statistics

The January price increase turned out to be short-lived due to the low utilization of steelmaking and rolling capacities

At the same time, the European Commission did not find any dumping by Indian imports of these products

Imports grew by 3% y/y