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Photo – A Turkish steel company is a potential buyer of Liberty Steel Dudelange
A Turkish steel company is a potential buyer of Liberty Steel Dudelange

The Luxembourg plant is preparing for a new owner, awaiting the resumption of production

Photo – EU expects €28 billion in losses from US steel and aluminum tariffs
EU expects €28 billion in losses from US steel and aluminum tariffs

According to European officials, the situation is fluid, and the details and scope of duties may change

Photo – Preserving strategic industries is essential for Europe – Draghi
Preserving strategic industries is essential for Europe – Draghi

The former ECB President also emphasized the need for rapid change

Photo – Flat steel imports to the EU may decline by 25% in Q2 – WSD
Flat steel imports to the EU may decline by 25% in Q2 – WSD

Import restrictions and possible US tariffs may significantly impact steel supplies to the EU

Photo – Construction in the EU increased by 0.4% m/m in December
Construction in the EU increased by 0.4% m/m in December

Compared to December 2023, the figure decreased by 0.8%

Photo – Slovenian SIJ hopes for better prospects for steel industry in 2025
Slovenian SIJ hopes for better prospects for steel industry in 2025

The company expects demand to grow and counts on the EU's support in addressing energy prices

Photo – Metinvest and Danieli sign a shareholder agreement for the construction of a plant in Piombino
Metinvest and Danieli sign a shareholder agreement for the construction of a plant in Piombino

New steel plant will become an environmental hub and strengthen cooperation between Ukraine and Italy

Photo – Romanian Liberty Galati remains idle for 8 months in a row
Romanian Liberty Galati remains idle for 8 months in a row

The only flat-rolled steel producer in the country follows the fate of other Liberty Steel assets in Europe

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

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