EU - Latest news GMK Center

Stephan Sejourne calls to focus on strategic sectors with the greatest potential

Ukrainian producers face competition from the Russian Federation, in particular due to cheap Russian slabs supplied to the EU

The plan should be published in the first 100 days of the new European Commission's work

The introduction of carbon adjustment in the EU may threaten the access of Ukrainian steel industry to this market without adequate financial assistance

In 2025, the industry is expected to recover by 1% y/y

In 2025, a moderate recovery is expected – by 0.8% y/y

In 2025, a moderate recovery in the sector is expected – by 1.9%

On November 1, 2024, the price fell below €65/t

In 2025, recovery in the sector is expected – by 1.3%

The sector has expectations for stabilization or a slight increase in prices

Exports of rolled products increased by 7% y/y, including flat products by 8% y/y, and long products by 6% y/y

Companies that qualify for the aid will receive a reduced rate of CO2 tax