EU - Latest news GMK Center

This figure fell by 1.7% on an annual basis

The decision is driven by rising energy costs and the need to maintain production profitability

The country, in particular, chose its quotas for wire rod

In particular, the EBA proposed to reduce the volume of tariff quotas

Leading European reinforcing steel producers to establish Reinforcing Steel Europe to strengthen positions in the EU market

Energy prices for the month increased by 0.1%

The Antimonopoly Committee has given the green light to the acquisition of the company

Steel mills plan to replace blast furnaces and oxygen converters with DRI and electric arc furnaces

The main part of the import fell on long rolled steel – 189.54 thousand. t

Increasing demand for DRI is encouraging the market to start new capacity

Ukraine has the potential to supply 20-25 million tons of raw materials for DRI production to the commercial market, providing 14% of the global market demand

Flat products accounted for the bulk of imports – 5.58 million tons