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Photo – ArcelorMittal considers transferring some European business processes to India
ArcelorMittal considers transferring some European business processes to India

The company is looking for ways to reduce pressure in the EU by maintaining production but optimizing business processes

Photo – Global scrap prices recovered by 1.5-2% since the beginning of the year
Global scrap prices recovered by 1.5-2% since the beginning of the year

Turkish steel mills fear further price increases

Photo – Polish Czestochowa-based pipe producer Rurexpol has finally suspended production
Polish Czestochowa-based pipe producer Rurexpol has finally suspended production

Alchemia Group closes the second plant in the last year

Photo – EU car production to grow by 2.1% y/y in 2025 – EUROFER
EU car production to grow by 2.1% y/y in 2025 – EUROFER

The automotive industry will recover slowly due to economic uncertainty and problems with electric vehicles

Photo – The EU steel industry is losing ground in the global market
The EU steel industry is losing ground in the global market

Despite a slight recovery in 2024, the capacities of key producing countries remain underutilized

Photo – European Public Prosecutor’s Office investigates tax fraud in steel imports to Germany
European Public Prosecutor’s Office investigates tax fraud in steel imports to Germany

Imports worth €2.9 million were made within 12 months

Photo – EU construction sector to recover by 1.1% in 2025 – EUROFER
EU construction sector to recover by 1.1% in 2025 – EUROFER

The decline has been going on for three years, but economic factors give grounds for cautious optimism

Photo – EU considers exemption of 80% of companies from CBAM levy
EU considers exemption of 80% of companies from CBAM levy

Thus, it is proposed to free companies from bureaucratic red tape

Photo – Electricity prices increased in January in most European markets
Electricity prices increased in January in most European markets

The first month of the year saw a rise in gas prices and a price rally in the carbon market

Photo – EUROFER downgrades EU apparent steel consumption expectations in 2025 to +2.2%
EUROFER downgrades EU apparent steel consumption expectations in 2025 to +2.2%

The steel market remains under pressure: demand is weak and imports are at record highs

Photo – IndustriAll Europe calls on the EU for urgent solutions for industry
IndustriAll Europe calls on the EU for urgent solutions for industry

Trade Union Federation demands to prevent deindustrialization of the region

Photo – ArcelorMittal raises prices for flat products in Europe by €30/t
ArcelorMittal raises prices for flat products in Europe by €30/t

Demand for steel is growing, and import restrictions are forcing buyers to look to the EU for products

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