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Photo – Prices for rolled steel products in the EU to rise Q2 – WSD
Prices for rolled steel products in the EU to rise Q2 – WSD

Fluctuations in European demand and possible trade barriers may affect price dynamics in the first half of 2025

Photo – Italy increased steel production by 2.7% y/y in January
Italy increased steel production by 2.7% y/y in January

During the month, Italian steelmakers produced 1.69 million tons of steel

Photo – The EU imported 13.97 million tons of iron ore from Ukraine in 2024
The EU imported 13.97 million tons of iron ore from Ukraine in 2024

The key importers of raw materials are Poland and Slovakia

Photo – Draft EU Clean Industry Agreement provides for incentives and state aid – Reuters
Draft EU Clean Industry Agreement provides for incentives and state aid – Reuters

The proposals also call for a review of CBAM before its final launch

Photo – Romanian steelmaker Donalam sounds the alarm over industry crisis
Romanian steelmaker Donalam sounds the alarm over industry crisis

Due to the influx of cheap imports and high electricity prices, European manufacturers are on the verge of survival

Photo – The auction for the sale of Huta Częstochowa has been canceled
The auction for the sale of Huta Częstochowa has been canceled

The sale of the plant did not take place due to the new status – the Ministry of Defense may take control of the enterprise

Photo – Aperam increased stainless steel shipments by 4.9% y/y in 2024
Aperam increased stainless steel shipments by 4.9% y/y in 2024

However, in the first quarter of 2025, the company predicts a decline in profitability

Photo – Italy and France to jointly insist on prioritizing CBAM reform
Italy and France to jointly insist on prioritizing CBAM reform

The relevant ministries of the countries agreed on the urgency of revising the mechanism

Photo – EU strong enough to resist US tariffs – Scholz
EU strong enough to resist US tariffs – Scholz

European politicians consider the best way to reach an agreement

Photo – EU promises to respond strongly to possible US tariff hike
EU promises to respond strongly to possible US tariff hike

The European Commission says it sees no justification for the US policy of reciprocal tariff measures

Photo – Outokumpu slows investment plans amid weak stainless steel market
Outokumpu slows investment plans amid weak stainless steel market

Finnish company cancels plans for US expansion and nuclear investments due to market difficulties

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